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Silver futures on Tuesday traded higher by ₹58 to ₹47,604 per kg after speculators raised bets, driven by a firm trend overseas.
Silver contracts for March delivery rose ₹58, or 0.12 per cent, to ₹47,604 per kg in a business turnover of 6,996 lots on the Multi Commodity Exchange.
The white metal to be delivered in May also jumped ₹55, or 0.11 per cent, to ₹48,130 per kg in 51 lots.
Analysts said widening of positions by traders in sync with a firm trend overseas mainly influenced silver prices here.
In the international market, silver traded 0.31 per cent higher at USD 18.24 an ounce in New York.
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