Silver Market Recap Report
Tue 02 Oct 2012 14:43:26 CT
Related Keywords: Metals

The Silver market forged a range of roughly 69 cents an ounce today and while the market showed some corrective action, the December silver contract was able to avoid falling below the prior session's low. Not surprisingly silver was undermined by a slight reduction in US easing prospects in the wake of a series of stronger than expected US data points this morning. However, silver could have drafted some indirect support from positive action in copper but instead the weak action in gold was dominating the silver trade.


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.