Silver futures on Monday traded higher by Rs 251 to Rs 45,155 per kg after speculators raised bets, driven by a firm trend overseas.
Silver contracts for March delivery rose by Rs 251 to Rs 45,155 per kg in a business turnover of 2,654 lots on the Multi Commodity Exchange.
Besides, the white metal to be delivered in May jumped by Rs 290 to Rs 45,637 per kg in 20 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 0.59 per cent higher at USD 17.33 an ounce in New York.
Disclaimer: No Business Standard Journalist was involved in creation of this content
