Taking positive cues from the global market, silver prices rose 0.46 per cent to Rs 43,860 per kg at the futures trading today as traders created speculative positions.

At the Multi Commodity Exchange, silver for delivery in September month rose Rs 201 or 0.46 per cent to Rs 43,860 per kg in a business turnover of 707 lots.

Similarly, the white metal for delivery in far-month December contract was trading higher by Rs 204 or 0.46 per cent at Rs 44,837 per kg in 43 lots.

Market analysts said a firm trend in the precious metals in global market mainly attributed to the rise in silver prices at the futures trade.

Globally, silver rose 0.49 per cent to $18.59 an ounce in Singapore.

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