Silver futures on Friday traded higher by Rs 220 to Rs 46,642 per kg after speculators raised bets, driven by a firm trend overseas.

Silver contracts for March delivery rose by Rs 220 to Rs 46,642 per kg in a business turnover of 10,530 lots on the Multi Commodity Exchange.

Besides, the white metal to be delivered in May jumped by Rs 215 to Rs 47,129 per kg in 627 lots.

Analysts said widening of positions by traders in sync with a firm trend overseas for precious metals mainly influenced silver prices here.

In the international market, silver traded 0.62 per cent higher at USD 18.05 an ounce in New York.