Silver futures

Silver futures are contracts on silver, mainly on COMEX in dollars per troy ounce. More than half of silver goes into industry, solar most of all, and most supply is a by-product of copper, lead and zinc mines, so a higher price does not bring more silver. That is why it swings harder than gold; Module 2, and the dollar moves it too. Silver on Mochatrade.

Go on

On MochatradeSee what you can trade on Mochatrade
  • CopperCopper is the industrial metal priced three ways: LME in dollars per tonne, COMEX in cents per pound, Shanghai in…
  • Troy ounceA troy ounce is 31.1035 grams, the unit gold, silver, platinum and palladium are priced in, about 10% heavier than an…
  • COMEXCOMEX is the New York exchange, part of CME Group, where benchmark gold, silver and copper futures trade. Globex runs…
  • Commodity tradingCommodity trading is buying and selling the price of raw materials like gold, oil, gas and copper, almost always…
  • Gold/silver ratioThe gold/silver ratio is how many ounces of silver buy one ounce of gold. It rises in fear, when gold is bid and…
  • Dollar index (DXY)The dollar index, DXY, measures the dollar against six major currencies, with the euro about 58% of it. A stronger…

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.

Where it comes up