Silver futures rose by Rs 386 to Rs 1,13,439 per kilogram on Tuesday, as traders ramped up their positions.
On the Multi Commodity Exchange (MCX), September delivery contracts climbed Rs 386 or 0.34% to Rs 1,13,439 per kg, with a business volume of 15,813 lots.
Analysts said the price uptick was driven by fresh buying and increased participation in the market.