silver weekly-based delivery continued to climb as speculators mounted fresh bets on hopes of a further rise in its prices.

 Silver, too, inched up 0.02 % to USD 20.06 an ounce.On the other hand, silver weekly-based delivery spurted Rs 1,325 to Rs 47,840 per kg, but silver ready saw some pressure and plunged Rs 1,300 to Rs 46,100 due to reduced off-take by consuming industries.

  Silver coins surged Rs 3,000 to Rs 77,000 for buying and Rs 78,000 for selling of 100 pieces.

 Silver on MCX settled up 0.87% at 47788 rose with investors wary over renewed market moves over Brexit even as regional shares crept higher. Comex Silver surged more than 7 percent crossing the US$21 per ounce mark for the first time in two years. It marks a jump of over 15 percent from the level on the day of the Brexit vote.

 Market had speculated that the price spike was mainly due to Chinese buying. Silver has gained 49 % in year-to-date as of July 4, making it the best performing precious metal this year.

                               In comparison, gold is up 27.5%. Following the Monday surge, silver retreated back to US$19.52 on Tuesday, down 7.5 % from the peak of the previous day.