Silver prices spurted by nearly 1 per cent to Rs 42,590 per kg in futures trade today as participants engaged in creating speculative positions, tracking a firming trend in base metals overseas. At the Multi Commodity Exchange, silver for delivery in far-month December traded higher by Rs 417, or 0.99 per cent, to Rs 42,590 per kg in business turnover of 33 lots.
On similar lines, the metal for delivery in September traded Rs 290, or 0.94 per cent, higher at Rs 41,870 per kg in a turnover of 1,648 lots. In the international market, silver climbed 1.2 per cent, to trade at USD 20.17 an ounce in Singapore.
