Silver Spot Price (silver/USD)
$83.90
per troy ounce
Gold & Silver
1 oz
$83.90
1 gr
$2.70
1 kg
$2,697.54
Prev Close
$83.54
Open
$83.90
Day High
$84.98
Day Low
$81.69
1 oz
$5,155.38
1 gr
$165.75
1 kg
$165,749.19
Prev Close
$5,140.95
Open
$5,155.38
Day High
$5,174.67
Day Low
$5,062.95
Current Situation
As of March 6, 2026, silver prices on COMEX have slipped toward $82.20, down over 1% recently due to a firmer USD from strong US economic data (FXStreet), while Shanghai futures trade sharply higher at $110+/oz amid robust Chinese demand.
Key Drivers
- Industrial and investment demand: Persistent supply deficits and booming use in EVs, AI, and solar panels are supporting prices (Kitco, Silver Institute).
- China's influence: Heavy Shanghai futures buying and premiums over COMEX signal dominant physical demand there (X posts from @DonaldW60852684).
- USD pressure: Recent solid US data has strengthened the dollar, capping silver's upside (FXStreet).
Short-Term Outlook (1-7 days)
Mixed, with downside risks near $82.20 support if USD stays firm, but bullish signals like double-bottom rebounds and rising Shanghai prices could spark a bounce toward $100 if COMEX converges higher (X discussions from @FinancialCrux).
Long-Term Outlook (1-3 months)
Broadly bullish trend driven by multi-year deficits and strong investment; analysts forecast 2026 averages around $81/oz (J.P. Morgan) or higher up to $135-$309/oz (Bank of America), though UBS sees limited upside amid uncertainties (Silver Institute).
What to Watch
US economic releases for USD moves, Shanghai-COMEX price gaps, potential CME disruptions or manipulation claims, and geopolitical/trade tensions (top X discussions).
Current price: $83.90/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | $83.90 | +$0.36 | +0.43% | |
| 1 Week | $93.64 | -$9.73 | -10.39% | |
| 1 Month | $76.90 | +$7.01 | +9.11% | |
| 3 Months | $59.05 | +$24.85 | +42.08% | |
| 6 Months | $41.42 | +$42.49 | +102.58% | |
| 1 Year | $33.34 | +$50.57 | +151.67% | |
| Since 2026 | $71.02 | +$12.89 | +18.15% | |
| Since 2025 | $29.90 | +$54.00 | +180.61% | |
| Since 2024 | $24.05 | +$59.85 | +248.87% | |
| Since 2023 | $24.33 | +$59.58 | +244.88% | |
| Since 2022 | $22.81 | +$61.09 | +267.83% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | $5,155.38 | $5,140.95 | $5,174.67 | $5,062.95 | Today +14.44 (+0.28%) |
Silver (XAG) | $83.90 | $83.54 | $84.98 | $81.69 | Today +0.36 (+0.43%) |