Silver Market Recap Report
Tue 01 May 2012 14:18:00 CT
Related Keywords: Metals
Related Keywords: Metals
The silver market also waffled around both side of unchanged today, but many traders will suggest that silver prices generally outperformed the gold market today. In other words, gold was partially discouraged by a slight lowering of easing chances, while silver simply seemed to be a bit relieved by the better than expected US data and by the surprisingly strong rally in US equities. In order for silver and other industrial metals to continue to rise might require improvement sentiment in Europe and perhaps a series of gains in US equities in the days ahead.
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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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