Bullish sentiment helps propel the CME Silver future to 2.34% gain

A quick look at yesterday: Silver spiked to $23.45 per troy ounce, gaining 53.5 cents.

On the flip side, data from United States concerning Core Durable Goods Orders was released yesterday at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of 0.3% to -0.2% this month.

At the same time, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

The CME Silver future has fallen back around 13.06% from the significant high of $26.35 set 23 days ago.