๐จCOMEX SILVER FUTURES REFUSE TO ROLL FROM MARCH TO MAYโผ๏ธ
With only 5 trading days remaining until First Notice Day, This Roll Rate Ain't Gonna Cut It:
A low roll rate in COMEX silver futures from March to May, with few days left to First Notice Day, suggests potential supply tightness. This may create upward pressure on prices, as longs could stand for delivery, forcing shorts to cover. Recent analyses indicate possible backwardation and price spikes, with silver already up recently to around $78-80/oz. Monitor for volatility. $XAG
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๐จCOMEX SILVER FUTURES REFUSE TO ROLL FROM MARCH TO MAYโผ๏ธ
With only 5 trading days remaining until First Notice Day, This Roll Rate Ain't Gonna Cut It:
A low roll rate in COMEX silver futures from March to May, with few days left to First Notice Day, suggests potential supply tightness. This may create upward pressure on prices, as longs could stand for delivery, forcing shorts to cover. Recent analyses indicate possible backwardation and price spikes, with silver already up recently to around $78-80/oz. Monitor for volatility.
$XAG