QUOTE AND NEWS
The Hindu Business Line  Jul 6  Comment 
Gold prices shed 0.11 per cent to 30,910 per 10 gram at the futures trade as speculators reduced their exposure due to a weak global trend.At the Mu
The Hindu Business Line  Jul 4  Comment 
Gold prices rose 0.19 per cent to Rs 30,550 per 10 grams at the futures trade due to widening of positions by speculators on positive global cues.At
The Hindu Business Line  Jun 27  Comment 
Gold prices fell 0.09 per cent to Rs 30,528 per 10 gram at the futures trade as speculators trimmed their positions, owing to weak global cues.At th
The Hindu Business Line  Jun 26  Comment 
Silver prices edged up by 0.09 per cent to Rs 40,323 per kg at the futures trade as speculators raised their bets despite a weak trend overseas.At t
The Hindu Business Line  Jun 25  Comment 
Silver prices fell 0.21 per cent to Rs 40,347 per kg at the futures trade as speculators cut down their bets owing to a weak global trend.At the Mul
The Hindu Business Line  Jun 21  Comment 
Silver prices drifted lower by 0.18 per cent to Rs 39,556 per kg at the futures trade due to trimming down of positions by speculators owing to weak
The Hindu Business Line  Jun 18  Comment 
Silver prices dropped by Rs 134 per kg to Rs 40,065 per kg at the futures trade today as speculators locked-in gains at prevailing levels amid a wea
The Hindu Business Line  Jun 15  Comment 
Silver prices were up by Rs 40 at Rs 41,548 per kg at the futures trade today due to widening of bets by speculators.At the Multi Commodity Exchange
The Hindu Business Line  Jun 14  Comment 
Gold prices went up 0.31 per cent to Rs 31,239 per 10 grams at the futures trade as speculators built up fresh positions, owing to positive global c
The Hindu Business Line  Jun 12  Comment 
Gold drifted lower by Rs 96 to Rs 31,401 per 10 grams in futures trade today as participants scaled down their positions, largely in tandem with a w




 
TOP CONTRIBUTORS


COMEX Silver futures are traded on the COMEX division of the NYMEX under ticker symbol SI in U.S. cents per troy ounce.[1]


The chart at left displays the front-month COMEX Silver prices on the COMEX division of the NYMEX Exchange in U.S. cents per troy ounce.

Delivery Dates

COMEX Silver futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November, and December (all months).[1]

The following is a table with COMEX Silver futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.

Delivery Month Full Ticker Symbol Thomson-Reuters Symbol
January, 2009SIF9SI/F9-NC
February, 2009SIG9SI/G9-NC
March, 2009SIH9SI/H9-NC
April, 2009SIJ9SI/J9-NC
May, 2009SIK9SI/K9-NC
June, 2009SIM9SI/M9-NC
July, 2009SIN9SI/N9-NC
August, 2009SIQ9SI/Q9-NC
September, 2009SIU9SI/U9-NC
October, 2009SIV9SI/V9-NC
November, 2009SIX9SI/X9-NC
December, 2009SIZ9SI/Z9-NC


Contract Specifications

Contract Size

One COMEX Silver futures contract on the COMEX division of the NYMEX is 5,000 troy ounces.[1]

Tick Value

Price changes for outright transactions, including EFPs, are in multiples of one-half cent (0.5¢ or $0.005) per troy ounce, equivalent to $25.00 per contract. For straddle or spread transactions, as well as the determination of settlement prices, the price changes are registered in multiples of one-tenth of a cent (0.10¢ or $0.001) per troy ounce, equivalent to $5.00 per contract. A fluctuation of one cent (1¢ or $0.01) is equivalent to $50.00 per contract.[1]

Daily Price Limit

None.[1]

Trading Hours

  • On the CME Globex electronic platform: 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM, New York Time.[1]
  • Open Outcry (pit session): 8:25 AM until 1:25 PM, New York Time.[1]

Last Trading Day

Trading terminates at the close of business on the third to last business day of the maturing delivery month.[1]

Deliverable Grades

In fulfillment of each contract, the seller must deliver 5,000 troy ounces (±6%) of refined silver, assaying not less than .999 fineness, in cast bars weighing 1,000 or 1,100 troy ounces each and bearing a serial number and identifying stamp of a refiner approved and listed by the Exchange. A list of approved refiners and assayers is available from the Exchange upon request.[1]

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 The COMEX division of the NYMEX's contract specification for COMEX Silver futures
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