Closing silver futures refers to buying silver futures contracts with the same quantity and opposite direction to offset the obligation of physical delivery after the contract expires. This method is called closing silver futures.

Closing positions can be divided into buying positions and selling positions. Buying and closing positions means that investors predict that the investment target will not continue to fall in the future, buying bullish contracts to hedge, and selling and closing positions means that investors predict that the investment target will continue to fall in the future and sell bullish contracts to hedge.