Silver prices rose 0.47 per cent to Rs 54,697 per kg at the futures trading today largely in tandem with a firm trend overseas.

At the Multi Commodity Exchange, silver for delivery in July rose Rs 256 or 0.47 per cent to Rs 54,697 per kg with a business turnover of 4,757 lots.

Likewise, the white metal for delivery in September gained Rs 257 or 0.46 per cent to Rs 56,078 per kg with a business turnover of 246 lots.

Market analysts said a firming trend in precious metals overseas mainly pushed up silver prices at the futures trade.

Besides, strong spot markets demand for the ongoing wedding season also supported the upside, they said.

Meanwhile, silver rose 0.7 per cent to USD 28.84 an ounce in Singapore. PTI KPS SUN RS YB 06151427

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