Tuesday, July 19, 2016

Silver Market Update : Epic Research Singapore

On Comex, September silver SIU6, -0.45% ended down 9 cents, or 0.5%, at $20.075 an ounce, but prices were still up about 7.8% month to date. Unlike gold, the white metal finished with a seventh week of gains on Friday. Silver futures midweek had settled near a two-year high due to both haven and industrial-use demand.

September copper HGU6, -0.11% rose less than half a cent to $2.237 a pound. October platinum PLV6, -0.46%  added $7.20, or 0.7%, to $1,101.60 an ounce. September palladium PAU6, -0.53% shed $1.35, or 0.2%, to $646.05 an ounce.

Among the exchange-traded funds, the SPDR Gold Trust GLD, +0.16%  traded nearly flat, while the VanEck Vectors Gold Miners ETF GDX, +0.37%  lost 0.4%.

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