Silver Futures Rise to $21.275 an Ounce

- October 16th, 2013

Silver futures for December delivery were up $0.084 today, to $21.275 per ounce, as investors awaited news from US lawmakers about the debt ceiling and the end of the government shutdown.

Silver futures for December delivery were up $0.084 today, to $21.275 per ounce, as investors awaited news from US lawmakers about the debt ceiling and the end of the government shutdown, Kitco reported.

The US Treasury’s deadline to raise the debt ceiling is tomorrow, and lawmakers are continuing negotiations to try to reach a last-minute agreement.

“Investors appear content to take a wait-and-see attitude to this situation,” said Ric Spooner, chief market analyst at CMC Markets in Sydney, according to Bloomberg.

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