Silver futures rise on spot demand

New Delhi, Oct 30 (PTI) Silver prices on Wednesday increased by Rs 147 to Rs 98,877 per kilogram as participants ramped up their bets.

On the Multi Commodity Exchange, silver contracts for December delivery rose by Rs 147 or 0.15 per cent to Rs 98,877 per kg in a business turnover of 23,837 lots.

However, in global markets, silver was trading 0.32 per cent lower at USD 34.34 per ounce in New York.