Buz Investors Silver decreased 0.01 This morning, silver is trading at $16.90 per ounce at 10:40 GMT, 0.5% lower from the New York close. Silver witnessed a high of $17.00 per ounce and a low of $16.86 per ounce during the session. Yesterday, silver traded 1.51% lower in the New York session and closed at $16.98 per ounce. Silver has its first support at $16.73 per ounce and its first resistance at $17.19 per ounce.
Silver decreased 0.01 USD/t. oz or 0.09% to 16.95 on Friday March 10 from 16.96 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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