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Mid-Session Silver Market Report
Mon 27 Aug 2012 11:14:15 CT
Related Keywords: Metals
Related Keywords: Metals
Clearly silver out performed the rest of the metals markets, with the September contract managing a fresh new high for the move and in turn the silver market reached up to the highest level since May 1st. With currency action failing to give off a definitive direction this morning, it is possible that silver was garnering some positive draft off the somewhat noted gains in US equities. Silver clearly outperformed the rest of the metals complex this morning and that surprised some traders in the wake of weaker industrial metals market action this morning.
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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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