Silver prices on the Multi Commodity Exchange were trading higher on Monday at Rs 37373 up Rs 447, or 1.21 percent. Silver May futures contract was touched an intraday high of Rs 37507 and an intraday low of Rs 37190. So far 86 contracts have been traded on the Multi Commodity Exchange.
Elsewhere in white metals trading at global market, Silver for delivery in March climbed as much as 2.1 percent to $16.095 an ounce in New York and last traded at $15.91.
At the bullion market in the national capital, silver ready rebounded by Rs 515 to Rs 36,750 per kg and weekly-based delivery by Rs 540 to Rs 36,775 per kg.
On the other hand, silver coins maintained a steady trend at Rs 60,000 for buying and Rs 61,000 for selling of 100 pieces.