Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Stocks | Futures | Watchlist | News | More
or

Silver Dec '24 (SIZ24)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [COMEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Silver Futures Market News and Commentary

Dollar Weighed Down by Speculation About a 50 bp Fed Rate Cut

The dollar index (DXY00) Monday fell by -0.33% and posted a 1-week low.  Strength in the yen undercut the dollar after the yen on Monday rose to a 13-1/2 month high against the dollar.  The dollar was also undercut by heightened speculation that the Fed might cut the fed funds target range by 50 bp at this week’s FOMC meeting.  Swap markets show that the odds of a 50 bp rate cut rose to 64% from 52% last Friday. A supportive factor for the dollar was Monday’s US Sep Empire manufacturing survey, which showed that general business conditions rose more than expected to a 2-1/3 year high. 

The US Sep Empire manufacturing survey general business conditions index rose +16.2 to a 2-1/3 year high of 11.5, stronger than expectations of -4.0.

The markets are discounting the chances at 100% for a -25 bp rate cut at the Sep 17-18 FOMC meeting and at 64% for a -50 bp rate cut at that meeting.

EUR/USD (^EURUSD) Monday rose by +0.40% and posted a 1-week high. A weaker dollar on M... Read more

Contract Specifications

See More
Contract
Silver 5,000-oz
Contract Size
5,000 troy ounces
Tick Size
$0.005 per troy ounce ($25.00 per contract) (Settlement $0.001)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (RTH 7:25a.m. - 12:25p.m.) (Settles 12:25p.m.) CST
Exchange
COMEX
Point Value
$5,000
Margin/Maintenance
$11,550/10,500
First Notice Date
11/29/24 (74 days)
Expiration Date
12/27/24 (102 days)

Seasonal Chart

Silver Dec '24
Average Price Chart for 5 Prior Dec Contracts

Commitment of Traders Positions as of Sep 10, 2024

View Chart Details
Commercials - Long / Short
30,386 (-152)
92,472 (-2,595)
Non-Commercials - Long / Short
61,649 (-2,450)
16,907 (-1,133)
Producers - Long / Short
3,052 (-983)
33,496 (-403)
Swap Dealers - Long / Short
25,676 (+359)
57,318 (-2,664)
Managed Money - Long / Short
39,466 (-815)
13,645 (-1,337)
Other Reportables - Long / Short
22,183 (-1,635)
3,262 (+204)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
28.010 +11.16%
on 09/06/24
31.460 -1.03%
on 09/16/24
+1.871 (+6.39%)
since 08/16/24
3-Month
26.885 +15.81%
on 08/08/24
32.465 -4.10%
on 07/11/24
+0.917 (+3.03%)
since 06/14/24
52-Week
22.215 +40.15%
on 10/05/23
33.500 -7.06%
on 05/21/24
+6.384 (+25.79%)
since 09/15/23

More Silver Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Dollar Weighed Down by Speculation About a 50 bp Fed Rate Cut

The dollar index (DXY00 ) Monday fell by -0.33% and posted a 1-week low. Strength in the yen undercut the dollar after the yen on Monday rose to a 13-1/2 month high against the dollar. The dollar was...

DXY00 : 100.708 (-0.40%)
^EURUSD : 1.11286 (-0.04%)
^USDJPY : 140.691 (+0.05%)
GCZ24 : 2,609.9 (+0.04%)
SIZ24 : 31.100 (-0.11%)
Gold in the Week of the Cut

Fed’s cut is approaching – but will gold really rally after it?

Dollar Undercut by Yen Strength and Speculation of a 50 bp Fed Rate Cut

The dollar index (DXY00 ) today is down by -0.39% and posted a 1-week low. Strength in the yen is undercutting the dollar as the yen rose to a 13-month high against the dollar today. Also, heightened...

DXY00 : 100.708 (-0.40%)
^EURUSD : 1.11286 (-0.04%)
^USDJPY : 140.691 (+0.05%)
GCZ24 : 2,609.9 (+0.04%)
SIZ24 : 31.100 (-0.11%)
Gold/Silver: The Week Ahead – Here’s What to Watch – Metals Minute w/ Phil Streible

Get up to speed on overnight developments and expert analysis for the day’s trading. Check out today’s Metals Minute for essential levels, insightful trades, and key highlights to keep you ahead in...

Metals Options Cheat Sheet - Access gold, silver copper and weekly options contracts

We now have daily expirations in Gold, Silver and Copper to the nearest 30 days in addition to the standard monthly expirations. Copper options now has the first Wednesday for the nearest four months.

Gold: An Impulsive Structure Targeting +2600

A closer look at the intraday price action of gold shows an incomplete recovery from the 2485 swing low

December Gold futures, a short-term perspective

Ideas for the short-term market participant

How to play gold with the Feds next week

Phil Streible joins the Schwab Network to analyze the current gold market and offer insights on how to strategically prepare for next week’s Fed decision.

Dollar Sinks and Gold Soars to a Record on Talk of 50 bp Fed Rate Cut

The dollar index (DXY00 ) Friday fell to a 1-week low and finished down by -0.24%. Dovish comments Friday from former New York Fed President Dudley knocked bond yields lower and weighed on the dollar...

DXY00 : 100.708 (-0.40%)
^EURUSD : 1.11286 (-0.04%)
^USDJPY : 140.691 (+0.05%)
GCZ24 : 2,609.9 (+0.04%)
SIZ24 : 31.100 (-0.11%)
1 Dividend Stock to Invest in the Domestic Steel Market Now

With the U.S. steel sector poised for a rebound, here’s a dividend-paying steel stock that investors can bet on.

HVF25 : 799.00s (-1.24%)
CMC : 51.43 (+0.47%)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 31.923
2nd Resistance Point 31.692
1st Resistance Point 31.413
Last Price 31.105s
1st Support Level 30.903
2nd Support Level 30.672
3rd Support Level 30.393

See More

52-Week High 33.500
Last Price 31.105
Fibonacci 61.8% 29.189
Fibonacci 50% 27.858
Fibonacci 38.2% 26.526
52-Week Low 22.215

See More

Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.
Use your up/down arrows to move through the symbols.

Free Barchart Webinar