Silver prices on Monday rose by Rs 178 to Rs 46,405 per kg in futures trade as participants widened their bets amid a firm trend in precious metal overseas.
On the Multi Commodity Exchange, silver contracts for March delivery gained Rs 178, or 0.39 per cent, to Rs 46,405 per kg in 2,707 lots.
Similarly, the white metal for delivery in May was trading higher by Rs 163, or 0.35 per cent, to Rs 46,891 per kg in 183 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 0.68 per cent at USD 17.86 an ounce in New York.
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