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Silver prices rose 1.25 per cent to ₹2.41 lakh per kg in futures trade on Friday amid a firm global trend.
On the Multi Commodity Exchange, the white metal for December delivery rose by ₹2,978, or 1.25 per cent, to ₹2,41,183 per kilogram in a business turnover of 3,082 lots.
Fresh positions built by participants led to a rise in silver prices, analysts said.
In the overseas market, silver futures rose 2.39 per cent to $66.78 per ounce.