Silver prices on Monday rose 1.63 percent to Rs 2.63 lakh per kg in futures trade amid global uncertainties.
On the Multi Commodity Exchange (MCX), silver contracts for May delivery increased by Rs 4,362, or 1.63 percent, to Rs 2,63,923 per kg, with a business turnover of 2,265 lots.
Analysts said fresh positions built by market participants supported the rise in silver futures.