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Micro Silver Futures Contract

At 1/5 the size of the Silver futures contract,  this contract is a valuable tool for investors looking for a precious metal that serves as an inflation hedge while also possessing many industrial applications. Silver is the most extensively produced precious metal in history and has been mined for six millennia. Historically, it has often served as a currency and thus it shares many of the inflation-hedge and safe haven qualities of gold. However, unlike gold, silver is widely used in industry as manufactures capitalize on its superior electrical conductivity.

Contract Unit

1,000 troy ounces

Futures Contract


CME Globex: SIL

Trading Hours 

CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).

Minimum Price

0.01 per troy ounce = $10.00

Contract Months

January, March, May, July, September & December

Settlement Method


Price Limit / Circuit

Source: CME Group

The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.

Since 2001, Insignia Futures & Options has been providing commodity futures brokerage services to investors from all over the world.

Take the next step and open your futures trading account today…