Silver futures rose by Rs 715 to Rs 1,06,107 per kilogram on Thursday, as traders increased their positions amid firm market sentiment.

On the Multi Commodity Exchange (MCX), silver contracts for July delivery gained 0.68% to Rs 1,06,107 per kg, with a trading volume of 19,263 lots.

Analysts attributed the price rise to fresh buying by participants, driven by positive cues and steady demand.