What Are Silver Futures?

Silver futures are traded on the COMEX division of the NYMEX under the ticker SI. Contracts represent 5,000 troy ounces of the precious metal, and are priced in U.S. dollars and cents per troy ounce. Trading is conducted for delivery during the current calendar month; the next two calendar months; any January, March, May, and September falling within a 23-month period; and any July and December falling within a 60-month period beginning with the current month.



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