Silver prices were up by 0.30 per cent to Rs 37,615 per kg at the futures trading today as traders increased their bets amid a firm global trend.
At the Multi Commodity Exchange, silver for delivery in May moved up by Rs 111 or 0.3 per cent to Rs 37,615 per kg in business turnover of 96 lots.
Similarly, the metal for delivery in March traded higher by Rs 71 or 0.19 per cent to Rs 37,198 per kg in 1,903 lots.
Analysts attributed the rise in silver prices at the futures trade to a firm trend in the precious metal overseas and pick-up in demand in the spot market.
Meanwhile, silver rose 0.46 per cent to $15.38 an ounce in Singapore.