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Silver Cash (SIY00)

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Find the latest Silver prices and Silver futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Tue, Jun 2nd, 2020.
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Silver Futures Market News and Commentary

Gold Gains on a Slump in the Dollar Index to a 2-1/2 Month Low

Aug Comex gold (GCQ20) this morning is up +5.9 (+0.34%), and July silver (SIN20) is down -0.152 (-0.81%).

Precious metals prices this morning are mixed. A slump in the dollar index to a new 2-1/2 month low today is bullish for precious metals, as is the ongoing civil unrest in the U.S., which has boosted safe-haven demand for gold. Also, the outlook for additional government and central bank stimulus is supportive for metals prices. Silver prices are weaker on demand concerns.

In a bullish factor for gold, the ECB this Thursday is expected to expand its Pandemic QE fund from its current level of 750 billion euros. In a bullish factor for industrial metals prices, German lawmakers are meeting today to hammer out their second coronavirus rescue package within 3 months. German Chancellor Merkel is seeking a compromise for a stimulus package of between 50 billion and 100 billion euros. The Bild reported today that the total volume of the measures will be between 75 billion... Read more

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