Silver futures rise on spot demand

New Delhi, Nov 30 (PTI) Silver prices on Thursday climbed Rs 158 to Rs 75,930 per kilogram in futures trade as participants widened their bets on a firm spot demand.

On the Multi Commodity Exchange, silver contracts for December delivery increased Rs 158 or 0.21 per cent to Rs 75,930 per kg in 792 lots.

Analysts said the rise in silver prices was mainly due to fresh positions built up by participants on a positive domestic trend.

Globally, silver was trading 0.22 per cent higher at USD 25.50 per ounce in New York.