NEW DELHI: Taking firm cues from overseas markets, silver futures prices shot up by Rs 337, or 0.75 per cent to Rs 43,489 per kg today.
Besides, a firm trend in domestic markets where the white metal soared to a record high on the back of rising demand for the marriage season, also influenced silver prices at futures market here.
At the Multi Commodity Exchange counter, silver for December delivery surged by Rs 337, or 0.75 per cent, to Rs 43,489 per kg.
Likewise, the metal for delivery in March gained Rs 303, or 0.45 per cent, to Rs 43,400 per kg, while December contract up by Rs 244, or 0.60 per cent to Rs 43,228 per kg.
Meanwhile, silver spurted to a record high level of Rs 43,950 per kg in the national capital in yesterday's trade, as demand from industrial units and coin makers went up.
Analysts said in addition to a rally in silver prices in overseas markets, rising demand for the precious metal at domestic bullion markets, also supported the upside in the white metal prices in futures trade here.
Meanwhile, silver futures prices rose by 0.56 per cent to USD 28.60 an ounce in Hong Kong as weak dollar boosted appeal for metals as an alternative investment.
