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Silver prices were up by Rs 126 to Rs 42,835 per kg at the futures trade today after participants raised their bets amid a firm global trend.
At the Multi Commodity Exchange, silver for delivery in far-month March 2017 was up by Rs 126 or 0.3 per cent at Rs 42,835 per kg in a moderate business turnover of two lots.
Similarly, the white metal for delivery in December traded higher by Rs 84 or 0.20 per cent to Rs 41,905 per kg, in a business volume of 710 lots.
Analysts attributed the rise in silver prices at the futures trade to a firming trend in the precious metals overseas.
Globally, silver traded 0.12 per cent higher at $17.40 an ounce in Singapore.
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