Silver Market Recap Report
Fri 31 Aug 2012 14:26:51 CT
Related Keywords: Metals

The silver market came alive today in the wake of the Fed speech. Like gold, it is likely that such significant gains on the charts prompted some technically related buying of silver. With US equities soaring, the Euro rising sharply and a host of physical commodities carving out gains the overall market environment probably gave would be silver buyers added resolve. In retrospect, US scheduled data appeared to carry very little importance against the flow of headlines from Jackson Hole.


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.

 
 
 
 
Calgary Houston Chicago New York Washington São Paulo Belfast London Singapore Hong Kong Seoul Tokyo
  • © 2013 CME Group Inc. All rights reserved.
  • CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of five Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX, COMEX and KCBT.