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.
Investment Tools And Research To Help Make You A More Confident And Profitable Trader. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or
Silver May '23 (SIK23)
[[ 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 Dragged Lower by Decline in T-Note Yields

The dollar index (DXY00) on Friday fell by -0.62% on a sharp decline in T-note yields.  Also, hawkish ECB comments boosted EUR/USD and undercut the dollar.  In addition, a decline in the University of Michigan’s March U.S inflation expectations index was dovish for Fed policy and bearish for the dollar.

Friday’s U.S. economic news was mixed for the dollar.  On the bearish side, the University of Michigan’s March U.S. consumer sentiment index unexpectedly fell -3.6 to 63.4, weaker than expectations of no change at 67.0. Also, the University of Michigan’s March U.S 1-year inflation expectations fell -0.3 to a 2-year low of 3.8%, and the 5-10 year inflation expectations index fell -0.1 to a 6-month low of 2.8%.  On the bullish side, Feb manufacturing production unexpectedly rose +0.1% m/m, stronger than expectations of a -0.3% m/m decline.

EUR/USD (^EURUSD) on Friday rose by +0.65%.  Dollar weakness Friday sparked short covering in the euro.  Also, hawkish comments Friday f... 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
$10,450/9,500
First Notice Date
04/28/23 (39 days)
Expiration Date
05/26/23 (67 days)

Seasonal Chart

Silver May '23
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Mar 7, 2023

View Chart Details
Commercials - Long / Short
50,301 (+2,656)
55,914 (-4,883)
Non-Commercials - Long / Short
42,903 (-1,299)
50,685 (+6,429)
Producers - Long / Short
4,089 (+1,473)
23,724 (-1,661)
Swap Dealers - Long / Short
45,100 (+2,055)
31,078 (-2,350)
Managed Money - Long / Short
27,811 (-2,543)
45,213 (+7,571)
Other Reportables - Long / Short
15,092 (+1,244)
5,472 (-1,142)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
19.945 +12.86%
on 03/10/23
22.855 -1.51%
on 03/20/23
+0.649 (+2.97%)
since 02/17/23
3-Month
19.945 +12.86%
on 03/10/23
24.945 -9.76%
on 02/02/23
-1.920 (-7.86%)
since 12/20/22
52-Week
17.750 +26.82%
on 09/01/22
26.717 -15.75%
on 04/18/22
-2.937 (-11.54%)
since 03/18/22

More Silver Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
China to Cut Crude Steel Output in Q2 2023

According to statistics, the output of crude steel in the first quarter of 2023 may exceed 15 million mt year-on-year.

HVK23 : 1,177.00 (-3.37%)
THJ23 : 590.00s (unch)
C-J23 : 444.50s (+1.48%)
V7Q23 : 671.00s (unch)
V5H23 : 1,137.83s (+0.46%)
FSPAUSY41.CM : 8.7550 (unch)
FSPAUSY46.CM : 7.9400 (unch)
SSPAUSY39.CM : 0.2463 (-1.24%)
Tietto Forecasts 1.2 Million Ounce Gold Haul in West Africa

The Abujar gold project is located close to good regional and local infrastructure and about 90 per cent of its tenements, which cover 1114 square kilometres, remain unexplored.

GCJ23 : 1,984.6 (+0.56%)
GRJ23 : 1,984.6 (+0.56%)
JSPL Gets Approval to Manufacture India’s Frist Fire-Resistant Steel Structures

The new grade steel structures will help the nation to reduce dependence on imports, the company said.

HVK23 : 1,177.00 (-3.37%)
THJ23 : 590.00s (unch)
C-J23 : 444.50s (+1.48%)
V7Q23 : 671.00s (unch)
V5H23 : 1,137.83s (+0.46%)
FSPAUSY41.CM : 8.7550 (unch)
FSPAUSY46.CM : 7.9400 (unch)
SSPAUSY39.CM : 0.2463 (-1.24%)
China Discovers Huge Gold Deposit Worth $3 Billion

Shandong Province is rich in gold resources, with a larger production than any other provincial area across China for the past four decades.

Alcoa Announced Closure of Intalco Smelter

The closure of Intalco smelter will bring Alcoa Corporation’s global consolidated capacity to 2.69 million metric tons.

ALM23 : 2,278.00 (+0.59%)
Q8M23 : 2,276.00s (+0.30%)
R8J23 : 1,968.50s (unch)
ALPAUSY15.CM : 0.6939 (unch)
ALPAUSY51.CM : 0.4211 (-0.21%)
Seizure of Smuggled Gold Surged in 2022

The data released by the Finance Ministry indicates that the country reported a total of 3,982 cases of gold seizure in 2022.

GCJ23 : 1,984.6 (+0.56%)
GRJ23 : 1,984.6 (+0.56%)
UK Steel Industry in Crisis, Losing Skilled Jobs, Says Unite

Unite welcomed the recently announced plans by the government to inject £600 million into UK’s blast furnaces and a transition from coal to prevent carbon emissions.

HVK23 : 1,177.00 (-3.37%)
THJ23 : 590.00s (unch)
C-J23 : 444.50s (+1.48%)
V7Q23 : 671.00s (unch)
V5H23 : 1,137.83s (+0.46%)
FSPAUSY41.CM : 8.7550 (unch)
FSPAUSY46.CM : 7.9400 (unch)
SSPAUSY39.CM : 0.2463 (-1.24%)
RUSAL Announced Slump in 2022 Profit

The production costs skyrocketed by 31.8%, from $1,661 per tonne in 2021 to $2,190 per tonne in 2022.

ALM23 : 2,278.00 (+0.59%)
Q8M23 : 2,276.00s (+0.30%)
R8J23 : 1,968.50s (unch)
ALPAUSY15.CM : 0.6939 (unch)
ALPAUSY51.CM : 0.4211 (-0.21%)
EUROFER Calls for Industrial Policy to Boost Green Investment

The transition to green steel will lead to drastic jump in scrap requirements, with markets likely to see shortage by 2030.

HVK23 : 1,177.00 (-3.37%)
THJ23 : 590.00s (unch)
C-J23 : 444.50s (+1.48%)
V7Q23 : 671.00s (unch)
V5H23 : 1,137.83s (+0.46%)
FSPAUSY41.CM : 8.7550 (unch)
FSPAUSY46.CM : 7.9400 (unch)
SSPAUSY39.CM : 0.2463 (-1.24%)
17th March, 2023: Chinese Scrap Metal Prices Surged Notably on Index

201 SS prices surged higher by CNY 100 per MT on Index.

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 23.870
2nd Resistance Point 23.317
1st Resistance Point 22.890
Last Price 22.565
1st Support Level 21.910
2nd Support Level 21.357
3rd Support Level 20.930

See More

52-Week High 26.717
Fibonacci 61.8% 23.292
Last Price 22.565
Fibonacci 50% 22.234
Fibonacci 38.2% 21.175
52-Week Low 17.750

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.

Free Barchart Webinar