Silver Market Recap Report
Fri 13 Jul 2012 14:54:00 CT
Related Keywords: Metals
Related Keywords: Metals
The silver market forged an impressive recovery extension today and in the process the September contract managed to take out the prior two session's highs. After seeing such negative macro economic sentiment at the beginning of the week, silver and other physical commodity markets had to see some added lift today off an improvement in overall sentiment. Many traders were simply surprised that the markets were able to spin soft Chinese GDP readings into a positive! In conclusion, gains in copper, platinum, grains, and energies fostered a positive environment that simply combined with the pre-existing risk-on tilt.
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
