Silver futures rise Rs 32 to Rs 1,01,301/kg

New Delhi, Mar 19 (PTI) Silver prices on Wednesday increased Rs 32 to Rs 1,01,301 per kilogram as participants increased their bets.

On the Multi Commodity Exchange, silver contracts for May delivery rose Rs 32 or 0.03 per cent to Rs 1,01,301 per kg in a business turnover of 23,265 lots.

Fresh positions built up by participants led to a rise in silver prices, analysts said.

Globally, silver was trading 0.04 per cent lower at USD 33.99 per ounce in New York.