Silver futures on Tuesday traded higher by Rs 407 to Rs 46,068 per kg after speculators raised bets tracking a strong overseas trend.
Silver contracts for March delivery rose by Rs 407 to Rs 46,068 per kg in a business turnover of 4,829 lots on the Multi Commodity Exchange.
Besides, the white metal to be delivered in May jumped by Rs 379 to Rs 46,510 per kg in 33 lots.
Analysts said widening of positions by traders in sync with a firm trend overseas for precious metals mainly influenced silver prices here.
In the international market, silver traded 1.03 per cent higher at USD 17.68 an ounce in New York.
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