Silver Price Drops to US$64,397 per Troy Ounce (Thursday, 24 September 2026)
- A Small
- A Medium
- A Bigger
Silver price for trading on Thursday, 24 September 2026 has decreased. Today's silver trading price is recorded at US$64,397 per troy ounce. This figure is lower than the previous trading day which stood at US$64.76 per troy ounce. This current condition marks silver price movement over the last two days being on a downward trend.
Over the past week, silver price movement recorded a -0.8% change, with an average daily transaction price of US$66.02 per troy ounce. Meanwhile, compared to prices at the start of the year, silver prices have recorded a -9.32% change. So far this year, the highest trading value for the silver commodity was transacted at US$115.15 per troy ounce, which occurred on Monday, 26 January 2026.
On an annual basis, the average silver trading price over the last five years is on an upward trend. Meanwhile, for monthly price monitoring, transactions over the last 12 months have tended to rise. The highest recorded monthly average price for the silver commodity was recorded in January 2026 at US$93.97 per troy ounce.
Factors Affecting Silver Price
Silver has two roles: a safe haven asset similar to gold, as well as an industrial metal for solar panels and electronics. Therefore its price is affected by economic uncertainty, interest rate directions, solar energy demand, and the gold-silver ratio.
What is Silver and Why is its Price Monitored?
Silver is a globally traded precious metal that often moves in line with gold. Aside from jewellery and investment purposes, industrial demand for silver is increasing along with the expansion of solar energy and electronics industries.
Why Can Silver Prices Rise or Fall Today?
(Read: Copper Price Traded This Morning at US$6.78 /Pound (Wednesday, 23 September 2026))
Daily silver prices are influenced by gold price movements, US central bank interest rate directions, US dollar strength, and industrial demand such as for solar panels. Over the past 30 days, the silver price trend has tended to decline (weakening).
As of Monday (21/9), the Indonesian contingent has collected one silver medal at the Aichi-Nagoya 2026 Asian Games. as reported by Katadata "The silver medal was contributed by women's teqball athlete Sumaya, after competing in the women's singles final at Nagoya City Higashi Sports Center."
Pure silver is currently still subject to 12% VAT, unlike gold bullion which has received VAT exemption facilities. as reported by Katadata "This difference in tax treatment makes the silver industry less competitive compared to gold bullion."
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
Related Data
Latest Data Stories
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Agu) | 3,19% | +0.31 | |
| Inflasi mom (Jul) | -0,14% | -0.58 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18 | -0.25 | |
| PDB ADHK (Q2) | 3.576,20 | +3.73 | |
| Neraca perdagangan (Jul) | 121,90 | -127.06 | |
| Ekspor Migas (Jul) | 787,60 | -26.07 | |
| Impor Migas (Jul) | 3,77 | -17.33 | |
| Ekspor (Jul) | 26,22 | +2.98 | |
| Impor (Jul) | 26,09 | +0.72 | |
| Kunjungan Wisman (Jul) | 1,53 | +9.99 | |
| NTP (Jul) | 116,16 | +1.32 |
Trending Topics
Popular Data
