At the Multi Commodity Exchange, silver for delivery in July was trading notably higher by Rs 328 or 0.82 per cent to Rs 40,130 per kg in a business turnover of 14,560 lots.
Similarly, the white metal for delivery in far-month September traded higher by Rs 323 or 0.80 per cent to Rs 40,597 per kg in a business volume of 310 lots.
Analysts attributed the rise in silver prices at futures trade to a firming trend in the precious metals overseas.