On the Multi Commodity Exchange, silver contracts for May delivery gained Rs 272, or 0.59 per cent, to Rs 46,650 per kg in 2,974 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 quoting 0.30 per cent higher at USD 17.24 an ounce in New York. VHP RUJRUJ