Silver futures posted their largest intraday gain of the session on June 14, rising 2.16% to settle at $69.90. Prices climbed from an open of $68.90 to a high of $70.39, with volume reaching 2,699 contracts.
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Silver futures gain 2.16% to $69.90 in broad precious metals rally
Silver futures rose 2.16% to $69.90 on June 14, recording the largest intraday gain among major commodities for the session.
The move was the biggest single-session advance for the silver contract, with prices climbing from an open of $68.90 to a high of $70.39 before settling near the session peak, according to exchange data. The low of the session was $68.72.
Volume reached 2,699 contracts as silver outperformed other precious metals. The gain pushed silver above the $70 threshold intraday for the first time in recent sessions, though it settled just below that level at $69.90.
Silver prices remain tied to shifts in industrial demand, given the metal's use in solar panel manufacturing and electronics, as well as monetary policy expectations that influence the dollar. The next major driver for silver will be the upcoming US economic data releases, which could provide direction on Federal Reserve rate expectations and, by extension, dollar-denominated commodity prices.
This article is for informational purposes only and does not constitute investment advice.
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