Mid-Session Silver Market Report

Fri 25 May 2012 11:21:01 CT
Related Keywords: Metals

The silver market was trading mostly higher today but its gains weren't as definitive as the gains seen in the gold market. Like gold, silver was probably partially lifted by an improvement in Michigan sentiment figures. In fact, to trade in positive ground this morning, silver had to buck adverse currency market action and it had to overcome a choppy two sided trade in US equities. Perhaps silver was being held back by fears of renewed trouble in the Euro zone into and through the long US holiday weekend.

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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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