Silver Trading Futures Expected To Approach February High

May 22, 2009 by
Filed under: Silver Bullion News 

May 21- With more favorable economic conditions expected, precious metals experts say that because investment demand is likely, silver prices will also tend to be aggressive. While July silver futures rose over $14 an ounce on May 7 and again last week and may approach the previous 2009 high of $14.61. While aggregate trading in silver futures attained a high in February 2009 of more than 81,900 contracts, it has averaged 20,000 contracts alone this month in New York, with the most active contract trading in a range of $12 to $14.37.

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