Mid-Session Silver Market Report
Tue 03 Jul 2012 10:54:01 CT
Related Keywords: Metals
Related Keywords: Metals
Like gold, the silver market was lifted by hopes of central bank easing, but some of the gains this morning might have come off firming US equity prices. It is also possible that silver prices were lifted this morning off a measure of pre-holiday euphoria. In the end, a mid morning reversal in the Dollar and overt strength in industrial commodity markets helped the silver buyers gain control over would-be sellers of silver. One could even say that stronger than expected US auto sales figures this morning added to the track of macro economic optimism today, as those readings were very impressive.
View All Market Commentary
View All Market Commentary
*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.
-
- Idea Exchange is your direct link to the product managers, marketers, and the development teams who create cmegroup.com and will allow you to review functionality, participate in focus groups and provide feedback on upcoming Web initiatives
