New Delhi, Silver prices rose by Rs 423 to Rs 1,13,719 per kg in futures trade on Tuesday as participants increased their deals.
At the Multi Commodity Exchange, the price of silver contracts for September delivery rose by Rs 423, or 0.37 percent, to Rs 1,13,719 per kg in a business turnover of 15,593 lots.
Analysts said fresh deals by participants led to the rise in silver prices.
However, silver was trading 0.83 percent higher at $37.92 per ounce in New York.