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Silver Mar '21 (SIH21)
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[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Silver Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Silver prices and Silver futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Thu, Jun 1st, 2023.
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Silver Futures Market News and Commentary

Dollar Gains on Yuan Weakness and a Slide in Stocks

The dollar index (DXY00) on Wednesday rose +0.14% and posted a 2-1/2 month high. The dollar saw support Wednesday as weakness in stocks boosted the liquidity demand for the dollar.  However, dovish comments from Fed Governor Jefferson and Philadelphia Fed President Harker tempered the dollar’s rally when they signaled support for pausing Fed rate hikes.  The Chinese yuan on Wednesday fell to a 6-month low against the dollar on weaker-than-expected Chinese economic news.

Tuesday’s U.S. economic news was mixed for the dollar.  On the bullish side, Apr JOLTS job openings unexpectedly rose +358,000 to 10.103 million, showing a stronger labor market than expectations of a decline to 9.400 million.  Conversely, the May MNI Chicago PMI fell -8.2 to 40.4, weaker than expectations of 47.3 and the steepest pace of contraction in 6 months.

The Fed Beige Book was neutral for the dollar as it said economic activity was little changed overall in April and early May and that employment... Read more

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