Markets

Silver Market Recap Report for 11/5/2010

The silver market also exhibited some rather expansive action today, with the initial US Unemployment report reaction carving out a low to high range of roughly $1.04 an ounce. Also like gold the silver market and other physical commodities were able to discount or ignore the action in the Dollar and that is a change of pace. Some players suggested that stronger than expected Non farm payroll readings, on top of the promise of long term Fed easing simply fanned the expectation for inflation and that in turn lifted the entire metals complex today.

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The daily commentaries provide a recap of each product's traded price activity, an analysis of the factors that influenced price activity, a recap of any reports released that day, and a look ahead at the next day's schedule. CME Group provides market commentaries for corn, wheat, soybeans, gold, silver, FX, equity indexes and regional market updates.

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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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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