Resolution criteria

This market resolves to YES if the closing price of the front-month Silver Futures contract (SI=F on COMEX / CME Globex) is strictly greater than $50.00 per troy ounce on the final trading day of November. Otherwise, this market resolves to NO.

• Source of truth: Official closing / settlement data as reported on Yahoo Finance (SI=F) or directly on the CME Group Silver Futures Settlements.

• Measurement: Resolution will be determined by the official daily settlement price on the last regular trading session of November. If November 30 falls on a weekend or holiday, the relevant session is the immediately preceding trading day.

• Edge cases: Intraday highs above $50.00 will not count if the contract settles at or below $50.00. If the ticker changes or trades under a different continuous symbol, the active front-month COMEX 5,000 oz silver futures contract will serve as the reference.

Background

Silver futures (SI=F) trade on the COMEX division of the New York Mercantile Exchange (NYMEX) in standard contract sizes of 5,000 troy ounces. Historically, the nominal $50 level represents major psychological resistance, having served as a peak during the 1980 Hunt Brothers squeeze and again during the commodity spike in April 2011.

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