Silver Open Interest Update 11/3/11

Open interest in silver declined by 1,586 contracts yesterday to 107,089.  While still up nearly 10% from the recent lows, open interest remains near the lowest levels of the past 5 years.

Daily Settlements for Silver Futures (FINAL) Trade Date: 11/03/2011
Month	Open	High	Low	Last	Change	Settle	Estimated Volume	Prior Day Open Interest
NOV 11	33.990	34.795	33.860	-	+.559	34.488	7	37
DEC 11	34.295	34.905	33.270	-	+.555	34.498	35,504	54,452
JAN 12	34.100	34.875	33.520	-	+.555	34.514	138	204
MAR 12	34.360	34.840	33.345	-	+.556	34.548	2,266	18,026
MAY 12	34.000	34.500	33.700	-	+.558	34.574	914	3,819
JLY 12	-	-	-	-	+.561	34.591	599	3,405
SEP 12	34.000	34.000	34.000	-	+.566	34.603	156	1,571
DEC 12	34.250	34.835	34.250	-	+.574	34.615	610	11,737
JAN 13	-	-	-	-	+.574	34.593	-	1
MAR 13	-	-	-	-	+.574	34.558	10	787
MAY 13	-	-	-	-	+.568	34.504	-	141
JLY 13	Backwardation-	Starts-	Here -	-	+.566	34.436	-	2,395
SEP 13	-	-	-	-	+.566	34.408	-	-
DEC 13	-	-	-	-	+.569	34.365	-	8,087
JLY 14	-	-	-	-	+.569	34.172	-	309
DEC 14	-	-	-	-	+.569	34.070	-	1,337
JLY 15	-	-	-	-	+.569	33.836	-	185
DEC 15	-	-	-	-	+.569	33.715	-	572
JLY 16	-	-	-	-	+.569	33.490	-	24
Total							40,204	107,089