Silver prices saw a slight increase in futures trading on Wednesday, rising by ₹32 to ₹1,01,301 per kilogram, as traders built fresh positions amid market optimism.

On the Multi Commodity Exchange (MCX), silver contracts for May delivery climbed 0.03%, reaching ₹1,01,301 per kg, with a business turnover of 23,265 lots.

Market analysts attributed the price rise to increased participation and fresh buying interest in the market. The upward trend reflects a positive sentiment among investors, though gains remained limited.

Silver prices continue to be influenced by global market trends, industrial demand, and fluctuations in precious metal trading. Traders will be closely monitoring international cues and economic indicators for further price movements.