Silver moves up in futures trade

NEW DELHI, Nov 20:  Silver prices rose by 0.48 per cent to Rs 47,105 per kg in futures trading today as speculators enlarged positions despite a weakening trend in global markets.
At the Multi Commodity Exchange, silver for delivery in March next year rose by Rs 324, or 0.48 per cent, to Rs 47,105 per kg in business turnover of four lots.
Likewise, the white metal for delivery in December traded higher by Rs 196, or 0.43 per cent, to Rs 45,636 per kg in 229 lots.
Analysts said fresh positions built up by speculators helped silver futures to trade higher but a weak trend overseas limited gains.
Meanwhile, silver rose 0.60 per cent to USD 20.25 an ounce in Singapore. (PTI)