Silver futures forum traders are closely watching the COMEX

Silver futures forum traders are closely watching the COMEX silver contract near $29.85 per ounce, with intraday volatility driven by a stronger-than-expected U.S. manufacturing PMI. Market sentiment leans bullish as commercial hedgers reduce short positions, signaling potential momentum toward $30.50 if the Fed maintains its current rate stance. Eizenstat has held key senior positions in six U.S. administrations as well as accomplishing significant initiatives on Holocaust–era issues in four administrations. He was Chief White House Domestic Policy Adviser to President Jimmy Carter (1977-1981) and U.S. Ambassador to the European Union, Under Secretary of Commerce for International Trade, Under Secretary of State for Economic, Business and Agricultural Affairs, and Deputy Secretary of the Treasury in the Clinton Administration (1993-2001). During the first Trump administration, he was appointed by Secretary of State Mike Pompeo as adviser for Holocaust-era issues. CFTC Acting Chairman Rostin Behnam said in a statement Monday evening that the commission was "closely monitoring" activity in the silver markets. Traders in the silver futures forum are factoring in potential Chinese industrial demand rebound after recent economic stimulus hints. Supply constraints in primary silver mining regions could amplify upside moves if demand projections are revised upward by global agencies.