The Silver market managed to spend a lot more time in positive ground than did thegold market However, the December silver contract did see a high to low slide of roughly 50 cents an ounce today. Apparently a host of physical commodity markets saw profit taking type action today after some initial strength and that could be position squaring ahead of the upcoming elections or that could be the result of waffling views on the Fed's upcoming rate decision.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.