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A Sharp Rise In Gold Is Overshadowed By Silver’s Daily Gains

From fxempire.com

Leading the forefront was silver futures, which gained 3.6% in trading today. This was followed closely by the electronically traded fund SLV, which outperformed futures as they gained 3.90%. The Ishares Silver trust is currently up to $0.98 per share and fixed that $26.25. As of 4:10 PM EST, silver futures basis, the most active March 2021 Comex contract is currently fixed at $28.245, after factoring in today’s net gain of $0.98. Although the initial open for trading today created a small gap between the close on Friday, silver prices filled the gap when they traded to a low of $27.33 and then recovered with ... (full story)

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  • Category: Technical Analysis