Silver prices surge Rs 143 on firm global cues

Silver futures rose by 0.36 per cent or Rs 143 to Rs 39,912 per kg as the white metal gained in the global markets.
The December contract of the metal rose by Rs 143 or 0.36 per cent to Rs 39,912 per kg in a business turnover of 517 lots at the Multi Commodity Exchange.
The white metal for delivery in March next year was trading higher by Rs 137 or 0.34 per cent to Rs 40,488 per kg in six lots.
Marketmen said speculative buying driven by firm global trend led to a rise in silver prices at futures trade here.

Silver was trading 0.03 per cent higher at USD 17 an ounce in Singapore.