Silver futures break above $22 per ounce

December silver futures continued to climb higher once again today, pushing through the $22 per ounce level again which we saw breached yesterday, but this time holding firm, and at the time of writing silver is trading at 22.06, up from a low of 21.72...

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December silver futures touch $22 per ounce

Silver futures surged higher again yesterday, ending the commodity trading session on Globex, with a wide spread up candle with a deep wick to the lower body, clearly reinforcing once again the bullish sentiment for the industrial metal at present. The test to the downside...

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Silver futures follow gold futures higher

December silver futures continued to forge ahead on Friday, ending with yet another strong performance for the industrial metal which closed the trading week on the CME  Globex  futures market at $21.34 per ounce, having touched an intra day high of $21.50, before closing with a...

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Silver futures break above $21.38 per ounce

The longer term bullish trend for silver continued once again yesterday, with the December silver futures contract closing higher once again, and just failing to breach the $21.25 per ounce price point on the day. Yesterday’s price action provided further evidence of the strength of...

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Silver futures market analysis

Silver futures closed higher once again yesterday, having opened the trading session gapped up on the December daily chart, and perched above the $21 per ounce as a result. The bullish trend remains firmly in place for the industrial metal, which has continued to benefit...

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Silver Futures Market News 21 Sep 2010

The December silver futures contract on Globex took a breather yesterday ending the trading session as a small shooting star candle as the contract touched the $21 per ounce price point, only to pull back and close at $20.80 on the day.  This followed Friday’s...

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Silver Futures Analysis 17 Sep 2010

Since the breakout of late August silver futures have continued to rise at a pace and almost without pause with yesterday’s market action being no exception, with the December silver futures contract ending as a narrow spread up candle and closing marginally below the $20.80...

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Silver Futures Analysis 15 Sep 2010

Since the breakout of late August December silver futures have exhibited a strong bullish trend which was, once again, firmly in evidence yesterday as the December contract closed higher once again with a wide spread up candle which just failed to breach the $20.50 per...

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Silver Futures Commodity Chart Analysis 13 Sep 2010

The technical picture for silver futures remains firmly bullish as evidenced on the daily chart for the December contract, and despite Friday’s minor pause the metal looks set to continue higher and break above the $20.2 price point established in last week’s trading.  This morning’s...

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Silver Futures Market 2 Sep 2010

December silver futures delivered another strong performance today with the December contract opening at $19.34 per ounce to currently trade at $19.69 at time of writing.  Since the breakout of last week the momentum for silver futures has continued unabated and, as such, we now...

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