Silver prices on Tuesday rose by Rs 187 to Rs 46,310 per kg in futures trade as speculators increased their bets tracking a positive trend overseas.
On the Multi Commodity Exchange, silver contracts for March delivery gained Rs 187, or 0.41 per cent, to Rs 46,310 per kg in 3,599 lots.
Similarly, the white metal for delivery in May was trading higher by Rs 159, or 0.34 per cent, to Rs 46,801 per kg in 67 lots.
Traders said fresh bets by participants in line with a firm trend in global markets mainly led to rise in silver futures.
In the international market, silver was up 0.43 per cent at USD 17.81 an ounce in New York.
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