Silver prices spurted Rs 131 to Rs 41,040 per kg at the futures trade today as speculators built up positions amid a higher global trend.

At the Multi Commodity Exchange, silver for May was trading higher by Rs 131 or 0.32 per cent at Rs 41,040 per kg in a business turnover of 473 lots.

Also, the white metal for delivery in July was up by Rs 126 or 0.3 per cent at Rs 41,537 per kg in 9 lots.

Analysts said speculators created fresh positions in tune with a higher global trend which influenced silver futures prices here.

Meanwhile, silver rose 0.35 per cent to $17.43 an ounce in Singapore today.

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