Silver December delivery climbed 25.8 cents, or 1.6%, on Friday to settle the week at $16.39 a troy ounce by close of trade. Prices hit a daily peak of $16.60 an ounce earlier Friday, the highest level since October 30.The December silver futures contract tacked on 8.0 cents, or 0.48%, on the week, the second straight weekly advance.According to the CFTC, net silver longs totaled 745 contracts as of last week, compared to net shorts of 1,983 contracts in the preceding week.
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