Silver futures gain on global cues

New Delhi, Jan 30 () Silver prices on Thursday rose by Rs 313 to Rs 45,864 per kg in futures trade as participants widened their bets amid a firm trend in precious metal overseas.

On the Multi Commodity Exchange, silver contracts for March delivery gained Rs 313, or 0.69 per cent, to Rs 45,864 per kg in 3,357 lots.

Similarly, the white metal for delivery in May was trading higher by Rs 327, or 0.71 per cent, to Rs 46,400 per kg in 34 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 up 0.59 per cent at USD 17.59 an ounce in New York. VHP SHW SHW