Anomalies spotted on the silver market | week 29 (and 28) | 2023
Last two weeks (28 & 29 2023) had witnessed series of changes on the silver market. Futures and silver industry stocks showed some explicit anomalies, that will be elaborated further in this article. Silver Futures the Commitments of Traders (COT) Report (week 29) shows significant change in the Commercials NET-short position. which also resulted in a rapid increase of the Open Interest. Silver industry stocks Since last two weeks: (28 & 29) we do see a strong rebound on all analyzed silver stocks. Currently, July's monthly returns for the silver stocks (as of the week 29), are ranging between 0 and +20% with mean and median around +11%. Silver stocks volume On some of the Silver stocks during the week 28 significant volume spikes were observed. Trading volume on the Silver industry stocks was explicitly unusual compared to the other 100 industries. Silver stocks portfolio Silver industry stocks during the week 28 were among weekly top earners (top area on the belo