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Silver Futures Contract

Silver futures are 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

5,000 troy ounces

Futures Contract
Symbol

 

CME Globex: SI

Trading Hours 

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

Minimum Price
Fluctuation

0.005 per troy ounce = $25.00

Contract Months

All 12 months. 

Settlement Method

Deliverable

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…

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