Silver gained Rs 40 to Rs 58,750 per kilogram from Rs 58,710 per kilogram in the previous trade.
The Indian rupee appreciated 15 paise to 73.59 against the US dollar in opening trade on Tuesday.
In the international market, gold was trading lower at $1,761 per ounce and silver was flat at $22.42 per ounce.
“The two-day US FOMC (Federal Open Market Committee) meeting will start today and market players will await for any comments from FED officials to gauge tapering clues,” according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.
Download The Economic Times News App to get Daily Market Updates & Live Business News.