US Silver Scrap prices advance further in line with Silver Futures

Published: Jun 27, 2016 09:33
United States silver scrap prices advanced on Thursday.

UNITED STATES June 24 2016 6:08 PM     

NEW YORK (Scrap Register): United  States silver scrap prices advanced on Thursday, while silver futures prices at  New York Mercantile Exchange ended higher after partial results in a UK  referendum put Britain on the brink of leaving the European Union, boosting the  appetite for safe-haven assets.

The major silver scrap commodities on the  Scrap Register Price Index traded up on Thursday. The hallmarked silver scrap  prices advanced to $14.234 an ounce and non-hallmarked silver scrap prices up to  $12.635 an ounce.

The most active July silver contract on the COMEX  division of the New York Mercantile Exchange jumped 4.1 cents to $17.353 an  ounce on Thursday.


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