Buz Investors Silver decreased 0.08 The precious metal is trading at $17.19 per ounce at 10:40 GMT this morning, 0.38% lower from the New York close. During the session, silver traded at a high of $17.31 per ounce and a low of $17.16 per ounce. In the New York session yesterday, silver fell 1.0% and closed at $17.25 per ounce, tracking weakness in gold prices. Immediate downside, the first support level is seen at $17.08 per ounce, while on the upside, the first resistance level is at $17.37 per ounce.
Silver decreased 0.08 USD/t. oz or 0.46% to 17.18 on Thursday March 9 from 17.26 in the previous trading session. Historically, Silver reached an all time high of 49.45 in January of 1980 and a record low of 3.55 in February of 1991.
Silver futures and options contracts are used by mining companies, fabricators of finished products, and users of silver-content industrial materials to manage their price risk. As a precious metal, silver also plays a role in investment portfolios. The largest industrial users of silver are the photographic, jewelry, and electronic industries. The biggest producer of silver are: Mexico, Peru and China followed by Australia, Chile, Bolivia, United States, Poland and Russia. This page provides – Silver – actual values, historical data, forecast, chart, statistics, economic calendar and news. Silver – actual data, historical chart and calendar of releases – was last updated on March of 2017.
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