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Silver Market Recap Report
Mon 10 Sep 2012 14:27:34 CT
Related Keywords: Metals
Related Keywords: Metals
December silver was able to rise above the $34.00 level for the first time since mid-March but fell back from early highs and ended Monday's session in negative territory. Expectations for rising US inflation levels if the Fed starts up fresh easing measures at this week's FOMC meeting helped to underpin silver prices near their recent highs. However, a lack of carryover support from other metals markets likely kept silver from finishing with a moderate gain.
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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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