Markets / Silver
Silver
Dec Silver futures · $ per troy ounce
Silver is down 13.6% since January 1. By this point in a typical year (2021–2025) it was up 7.7%. From here to year-end, the price rose in 3 of the last 5 years, up 12.1% on average. Front-month futures. Past patterns don't predict prices; weather, demand and policy change every year.
As of Tuesday, Oct 6, hedge funds and commodity advisors are net long 7,528 contracts (less bullish than the week before, -86). That's more bullish than 10% of weeks in the last 3 years. When funds are this one-sided, a surprise can trigger fast moves the other way as they get out. CFTC Commitments of Traders, Disaggregated Futures Only. Published Fridays with Tuesday's positions.
Every contract month
Silver futures trade every month.
Deferred months are priced above Dec Silver (a carry): the market is paying to store it.
| Month | Last | Change | vs. Dec |
|---|---|---|---|
| Oct Silver | 60.76 | +$1.69 | +$0.32 |
| Nov Silver | 60.31 | -$0.50 | -$0.12 |
| Dec Silver | 60.44 | -$0.61 | — |
| Jan Silver | 60.87 | -$0.46 | +$0.43 |
| Feb Silver | 59.99 | +$0.07 | -$0.45 |
| Mar Silver | 61.29 | -$0.52 | +$0.85 |
| Apr Silver | 61.50 | -$0.57 | +$1.06 |
| May Silver | 61.78 | -$0.56 | +$1.34 |
| Jun Silver | 62.41 | +$1.49 | +$1.97 |
| Jul Silver | 62.30 | -$0.56 | +$1.86 |
| Aug Silver | 59.77 | -$1.68 | -$0.67 |
| Sep Silver | 62.94 | -$0.46 | +$2.50 |
Text me when Dec Silver hits my number
Pick the month and the price. We text you the second it trades there, plus silver at 10:00 and 2:00.
Set up Dec Silver alertsWhy it moved
Silver Futures Decline to Rs 2.24 Lakh/kg on MCX. Gold (-0.58%) was lower too, so the selling was across the metals market. It settled near the low of the day.
About this market
COMEX silver, 5,000 troy ounces.