Back

COMEX Silver Futures Drop Below $100 per Ounce Amid Sharp Decline

Silver futures on the COMEX exchange plunged 13.8% to $98.54, signaling heightened market volatility in precious metals trading.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • COMEX: Commodity Exchange based in New York, a major marketplace for trading metals futures and options.
  • Silver Futures: Contracts obligating the buyer to purchase, or the seller to deliver, silver at a predetermined future date and price.