Silver futures grew during afternoon trade in the domestic market on Monday as investors and speculators extended their positions in the precious metal as safe-haven demand increased on weaker US dollar after mixed US jobs data released on Friday dampened expectations of near-term interest rate hike. 

The US job growth grew better-than-expected in January as construction firms and retailers ramped up hiring, but wages barely rose, handing the administration under President Trump both a head start and a challenge as it seeks to boost the economy.

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 At the MCX, silver futures for March 2017 contract is trading at Rs 42,014 per kg, up by 0.52 per cent, after opening at Rs 41,888, against a previous close of Rs 41,797. It touched the intra-day high of Rs 42,120.