Silver prices rose Rs 299 to Rs 34,144 per kg at the futures trading today as speculators widened bets amid a firm trend in precious metals overseas.
On the Multi Commodity Exchange, silver for delivery in December was trading higher by Rs 299 or 0.88 per cent at Rs 34,144 per kg in a business turnover of 496 lots.
Likewise, the white metal for delivery in March next year gained Rs 285 or 0.83 per cent to Rs 34,825 per kg in 21 lots.
Analysts said bets enlarged by speculators in tandem with a firm trend in precious metals overseas as the attacks in Paris reinvigorated bullion’s traditional role as a haven and lifted silver prices at the futures trade.
Meanwhile, silver was up 1.3 per cent at $14.44 an ounce in Singapore.