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Silver prices rose 1.09 per cent to ₹2.33 lakh per kg in the futures trade on Monday amid a firm global trend.
On the Multi Commodity Exchange, the white metal for September delivery increased by ₹2,514, or 1.09 per cent, to ₹2,33,980 per kilogram in a business turnover of 1,496 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
In the overseas market, silver futures increased 0.41 per cent to $63.81 per ounce.