What Made Silver Go Up, Update 20 Oct 2017

Silver’s move on October 19th was more extreme than gold’s (see here for an explanation of gold’s price action). The price move was four times as great. What of the basis move? The basis move was also correspondingly larger: 30bps vs. 7bps. Again, it uncannily tracks the price. Unlike gold—for whatever it’s worth—the silver basis [...]



Or Log In to View this Report

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.