Cme silver futures volume surged 18% compared to last

CME silver futures volume surged 18% compared to last week, reflecting increased speculative interest as Treasury yields dipped. Traders are watching the $30.20 resistance point as a possible breakout catalyst on strong macroeconomic data. As I wrote in the August monthly recap, “ the U.S. natural gas futures market tends to reach seasonal highs when the injection season ends and withdrawal from stockpiles begins in November. However, the futures market tends to reflect the upcoming peak demand season in early fall .” We could see increasing volatility in NYMEX U.S. natural gas futures over the coming weeks. LNG demand from Europe could support prices as U.S. supplies replace Russian natural gas exports to the European market. Nearby natural gas futures prices were just over $3.30 per MMBtu at the end of September, but prices for January 2026 delivery settled at $4.177 per MMBtu on September 30, as the market expects rising prices over the coming weeks and months. This content has been produced by ITS. CME Group has not had any input into the content, and neither CME Group nor its affiliates shall be responsible or liable for the same. CME silver futures basis widened against spot silver, suggesting stronger forward demand premiums. This can indicate buyers locking in supply amid uncertainty in global output.