Silver prices were trading marginally higher by 0.08 per cent at Rs 39,281 per kg at the futures trade as participants built up fresh positions amid a better trend overseas.

At the Multi Commodity Exchange, silver for delivery in July was quoting higher by Rs 33 or 0.08 per cent at Rs 39,281 per kg in a business turnover of 12 lots. Similarly, the white metal for delivery in May was trading up by Rs 23 or 0.06 per cent at Rs 38,691 per kg in 254 lots.

Traders attributed the rise in silver prices at futures trade to a firm trend overseas. Globally, silver rose 0.37 per cent to $16.48 an ounce in Singapore.

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