Silver Makes Minimal Gains in Quiet Market, Climbs to $19.42 an Ounce

London (Dec 31)   Markets were quiet today due to the New Year's holiday. Like gold, silver saw minimal gains due to that inactivity, with silver futures for March delivery rising $0.002, to $19.42 an ounce. The news outlet also said that “lackluster” trading conditions will continue for the rest of the week.

Futures markets will close early today and remain shut until January 2, MarketWatch reported. However, an MBA mortgage application survey is due out later today, and could add to the already positive US economic data reported this week. Data on durable good orders, a retail sales report and a US house price index are also expected to be released today.