Silver Market Update

In other metals, March silver futures SIH5, +1.11%  advanced 21 cents, or 1.2%, to settle at $17.96 an ounce.

Platinum for April delivery PLJ5, +0.00%  rose $17.20, or 1.4%, to settle at $1,286.60 an ounce, while palladium for March delivery PAH5, +0.39%  advanced $24.45, or 3.2%, to settle at $778.75 and ounce.

On the other hand, high-grade copper for March delivery HGH5, -0.58%  declined just over 2 cents, or 0.9%, to settle at $2.59 a pound.