Silver Price

This chart plots the front-month COMEX silver futures settlement as a daily close over the last three years, from the source named under the chart. The page refreshes from the live data every hour and shows only values computed from it — the current reading, the trailing 90-day change, and that change as a percentage.

Silver is two metals in one. Like gold it is a monetary asset that draws safe-haven flows when real rates fall; unlike gold it is consumed by industry — electronics, solar panels and brazing — so it also trades on the manufacturing cycle. That double identity is why it is the more volatile half of precious metals: it rallies harder when both stories align and falls harder when they split.

For US markets, silver rising with gold reads as the safety trade; silver rising alone, with copper, reads as an industrial-demand story and is usually the friendlier signal for equities. A sharp fall in silver while gold holds is often the market pricing weaker manufacturing demand before it shows in the hard data.

The caveats: the silver market is much thinner than gold’s, so the same flow moves the price further in both directions. This is a futures settlement, not spot, and a daily close — intraday swings, which in silver are routinely violent, do not appear. The price says nothing by itself about which of the two stories is driving it.