Silver Market Update : Epic Research Singapore

Silver futures rallied Tuesday, posting their highest finish in almost a year, while gold futures rose to a one week high, with the U.S. dollar-denominated metals getting a boost from weaker greenback.

Silver for May SIK6, +1.14%  delivery advanced 71.9 cents, or 4.4%, to settle $16.972 an ounce on Comex. That’s the highest close since late May, according to FactSet.

June gold GCM6, +0.14%  tacked on $19.30, or 1.6%, to close at $1,254.30 an ounce, marking the highest settlement since April 12.

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