Silver futures were trading higher during evening trade in the domestic market on Friday as investors and speculators extended their positions in the precious metal tracking a better trend at the spot markets on token by retailers on the auspicious occasion of Akshaya Tritiya. Silver futures rise was mostly supported by token purchases by retailers at spot markets mainly on account of Akshaya Tritiya, considered to be most auspicious day for buying gold and silver. 

At the MCX, silver futures for May 2017 contract is trading at Rs 39960 per kg, up by 0.73 per cent, after opening at Rs 39720, against a previous close of Rs 39670. It touched the intra-day high of Rs 39990.

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