CommoditiesCOMEX / LBMAContinuous

Silver Spot Price

What is Silver Spot Price?

Silver spot price per troy ounce, quoted in U.S. dollars. Silver trades as both a monetary metal (like gold) and an industrial input (solar panels, electronics, EVs), giving it a hybrid macro/cyclical profile.

Why it matters

Silver tends to outperform gold in late-stage precious-metals rallies as retail flow piles in. The gold/silver ratio is a widely watched gauge of risk appetite within the metals complex.

How to read prints

When it rises

Silver bid; either monetary debasement trade or industrial demand strength.

When it falls

Silver offered; either dollar strength or industrial demand softening.

Frequently asked

What drives silver prices?⌄
Real yields and the dollar (monetary leg), plus solar/EV/electronics demand and mine supply (industrial leg). The industrial share has grown to ~55% of demand.
What is the gold/silver ratio?⌄
Gold price divided by silver price. Long-run average ~60. Above 80 historically marks risk-off extremes; below 50 marks late-stage metals rallies.
Why is silver more volatile than gold?⌄
Smaller market, larger industrial demand component, and outsized retail flow. Silver typically moves 1.5-2.5x gold in either direction.
How does silver respond to real yields?⌄
Negatively correlated to real yields, similar to gold but with higher beta. A 25 bp move in the 10Y real yield typically moves silver 3-6%.

Track it on Market Ontology

Monitor Silver Spot Price in real time on Commodities Intelligence, alongside regime classification, transmission mapping, and cross-asset context.

SourceCOMEX / LBMA
FrequencyContinuous
CategoryCommodities
UnitUSD/oz
Related ModuleCommodities Intelligence

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