Silver futures rise on spot demand

New Delhi, Dec 4 (PTI) Silver prices on Wednesday increased Rs 82 to Rs 92,279 per kilogram as participants increased their bets.

On the Multi Commodity Exchange, silver contracts for March delivery rose Rs 82 or 0.09 per cent to Rs 92,279 per kg in a business turnover of 25,032 lots.

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

Globally, silver was trading 0.06 per cent lower at USD 31.16 per ounce in New York.