Silver prices rose by 0.24 per cent in futures trade as traders built up fresh positions even as the metal weakened overseas.

At the Multi Commodity Exchange, silver for December was trading higher by Rs 89, or 0.24 per cent, to Rs 37,080 per kg in a business turnover of 342 lots.

In a similar manner, the white metal gained Rs 81, or 0.22 per cent, to Rs 37,014 per kg in 506 lots in November.

Analysts said the fresh position created by participants mainly influenced the prices here but, a weak trend overseas capped the gains.

Globally, silver fell 0.21 per cent, to USD 14.46 an ounce in Singapore.