Silver futures are a type of financial contract that allows investors to speculate on the future price of silver. They are traded on futures exchanges, such as the COMEX and the London Metal Exchange. When you buy a silver futures contract, you are agreeing to buy a certain amount of silver at a specified price on a future date.
There are many reasons to buy silver futures. Some investors use them to hedge against the risk of rising silver prices. Others use them to speculate on the future price of silver in the hopes of making a profit. Silver futures can also be used to diversify a portfolio.