Silver futures remain bullish

A positive week for silver, with the March futures contract ending the week with a fifth consecutive day of gains and breaking above the $29 per ounce level to end at $29.425 per ounce and just below the high of early November, which originally signalled...

Continue reading »

Silver futures – 16th November 2010

December silver futures steadied yesterday following Friday’s sharp sell off in the commodities sector as the markets reacted to the fundamental data from China, which gave clear signals that inflation in the Chinese economy was increasing, raising the prospect of an interest rate rise and...

Continue reading »

Silver futures – 15th November 2010

A volatile week for silver futures last week, which saw the December contract fall sharply on Friday and end the day with a wide spread down candle following the strong gains of Tuesday, as we watched the metal break the $29.00 per ounce price point,...

Continue reading »

Silver future analysis – 26th October 2010

December silver futures recovered some of the lost ground of last week, closing yesterday’s commodity trading session with a narrow spread up candle, with a small wick to the upper body, closing at $23.55 per ounce and just failing to hold above the 14 day...

Continue reading »

CME silver future prices – 20th October 2010

December CME silver futures closed lower yesterday, ending with a wide spread down candle but with a wick to the lower body, as the commodity markets in general and metals in particular reacted to the surprise decision from the Chinese to raise their interest rates,...

Continue reading »

Future chart silver analysis 2010

The December silver futures contract continued higher in trading once again yesterday, ending the silver trading session with a narrow spread up candle, but with a deep shadow to the upper body, as the commodity just failed to breach the $25 per ounce region before...

Continue reading »

Silver News 14 oct 2010

Silver futures picked up the bullish momentum once again yesterday, having paused for breath on Monday and Tuesday, as the commodity markets waited for the release of the FOMC minutes and confirmation that QE2 was indeed likely to be implemented in the near future.  As...

Continue reading »

Future chart silver analysis 2010

December silver futures took a breather yesterday, closing marginally lower on the day with a narrow spread down candle which ended the silver trading session holding above the $23 per ounce level, having just failed to breach the $23.50 per ounce price handle on the...

Continue reading »

Silver futures recover sharply

December silver futures rebounded sharply on Friday, reversing most of the losses from Thursday reaction lower, and closing the silver trading session at $23.10 per ounce, marginally below the high of $23.35 per ounce and up $0.65 per ounce on the day. The short term...

Continue reading »

Silver Futures Market Analysis 5 Oct 2010

The continued demand for commodities in general and silver in particular, shows no sign of abating with the December silver futures contract surging higher once again today breaking well above the $22.50 per ounce price handle to trade at time of writing.  On the day...

Continue reading »