Markets were quiet today due to the Christmas holiday. Like gold, silver saw minimal gains due to that inactivity, with silver futures for March delivery rising $0.002, to $19.42 an ounce, according to Kitco News. The news outlet also said that “lackluster” trading conditions will continue for the rest of the week and extend into next week.
Futures markets will close early today and remain shut until December 26, MarketWatch reported. However, an MBA mortgage application survey is due out later today, and could add to the already positive US economic data reported this week. Data on durable good orders, a retail sales report and a US house price index are also expected to be released today.