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Silver Market Recap Report
Fri 08 Mar 2013 16:36:00 CT
Related Keywords: Metals
Related Keywords: Metals
The silver market also managed to recoil from initial weakness and in the process the May silver contract managed to climb above the prior session's high. To some players the $32.00 level appears to be a potential critical point in May silver and it could take a series of gains in US equities to lift silver prices back up ward last week's highs. Like gold, some would be buyers of silver remain concerned about residual Euro zone debt fears, while others are simply concerned about the direction of the global economy.
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*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.
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