Comex Silver Ends the Week 9.80% Higher at $31.047 — Data Talk

Front Month Comex Silver for May delivery gained $2.7720 per troy ounce, or 9.80% to $31.047 this week

--Largest one week gain since the week ending Aug. 7, 2020

--Largest one week percentage gain since the week ending April 5, 2024

--Up for two consecutive weeks

--Up $4.602 or 17.40% over the last two weeks

--Up nine of the past 12 weeks

--Today it is up $1.382 or 4.66%

--Largest one day dollar and percentage gain since Thursday, Dec. 14, 2023

--Up for four consecutive sessions

--Up $2.826 or 10.01% over the last four sessions

--Longest winning streak since Monday, April 15, 2024 when the market rose for 13 straight sessions

--Up seven of the past eight sessions

--A new 52-week high

--Highest settlement value since Friday, Feb. 8, 2013

--Up 48.92% from its 52-week low of $20.848 hit Thursday, Oct. 5, 2023

--Rose 29.80% from 52 weeks ago

--Up 40.51% from its 2024 settlement low of $22.096 hit Tuesday, Feb. 13, 2024

--Off 36.25% from its record high of $48.70 hit Thursday, Jan. 17, 1980

--Month-to-date it is up 17.64%

--Year-to-date it is up $7.194 or 30.16%

All prices are calculated based on the settlement price of the current front month contract.

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

May 17, 2024 13:54 ET (17:54 GMT)

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