CME Halts Metals Trading as Silver Drops $3 on Reopen скачать в хорошем качестве

CME Halts Metals Trading as Silver Drops $3 on Reopen

CME Group halted all metals and natural gas futures trading Wednesday afternoon, citing technical issues. Silver was trading at $91.30 when the halt began at 12:15 Central Time, and markets remained frozen for approximately one hour and thirty minutes before metals resumed at 1:45 p.m. During the halt, no buying, selling, or price discovery was possible. Natural gas resumed at 12:50 p.m., but metals remained paused. When trading reopened, silver dropped immediately by three dollars to $88 with no bounce or pause. Gold declined $70 to $5,164 upon resumption. Silver later recovered to $89.20, with the former resistance zone now holding as support. This marks the second major CME disruption within three weeks, following a settlement price delay during the first week of February. Prior to these incidents, the exchange had operated for approximately half a decade without major outages. Both disruptions occurred as silver was building momentum toward key resistance levels, including the $92 target approached before Wednesday’s halt. The event took place 48 hours before March first notice day. Comex registered silver declined by 2.2 million ounces to 86.3 million ounces, with withdrawals reported from Asahi, Brinks, HSBC, JP Morgan, and Stonex. While a 71 million ounce March roll relieved immediate delivery pressure, no new metal has been reported flowing into vaults. The February gold contract shows 4,000 contracts still open, representing 12 tons valued at $2 billion. Shanghai spot silver trades at $101, a $12 premium over Western spot, with Shanghai futures at $106. The Shanghai Futures Exchange suspended 25 trading groups in February for position limit violations. Comex open interest is declining while SLV records daily inflows. Mexico’s silver supply faces escalating security disruptions. All data referenced in this report is drawn directly from the source material. Stay informed with verified updates.