Silver prices rose Rs 26 to Rs 39,009 per kg at the futures trade after investors raised their bets owing to positive global cues.

At the Multi Commodity Exchange, silver for delivery in far-month July traded higher by Rs 26, or 0.07 per cent, at Rs 39,009 per kg, in a business turnover of 39 lots. The white metal for delivery in May also gained Rs 25, or 0.07 per cent, to quote at Rs 38,442 per kg in a turnover of 662 lots.

In the international market, silver was up 0.03 per cent at $16.40 an ounce in Singapore. Market analysts attributed the rise in silver prices at the futures trade to widening of bets by participants, driven by a firm trend overseas.