www.cme.com www.cmegroup.com
Silver Market Recap Report for 5/9/2008

The silver market continued to under perform the gold market, with gold prices climbing back into positive ground just after mid session Friday and silver prices seemingly content to languish in sync with markets like copper. Apparently surging oil prices and a slightly weaker Dollar wasn't enough to give the silver bulls a definitive upper hand. While the market could have been lifted by news of an increase in US silver imports in March, the silver market hasn't been paying that much attention to classic supply side news. Many times US silver export data has served to countervail the anticipated impact of the silver import data.




 
©2008 Chicago Board of Trade. All rights reserved. Investor Relations | Site Map | Legal | Contact Us | RSS Feed | Subscriptions