Silver Price Drops Toward US$66,787/Troy Ounce (Monday, March 23, 2026)

The silver price for transactions on Monday, March 23, 2026, fell. Today's silver trading price was recorded at US$66,787 per troy ounce. This figure is lower than the previous day's trading price of US$68,213 per troy ounce. The current situation completes the silver price movement over the last six days, which has been in a downward trend.

Over the past week, silver price movement has fallen by -16.69% with an average daily trading price of US$73.44 per troy ounce. As a result, so far in 2026, the silver price has dropped by 5.95% from the start-of-year level of US$71,015 per troy ounce. Meanwhile, 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, January 26, 2026.

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Annually, the average silver trading price over the last five years has been on an upward trend. Meanwhile, for monthly price monitoring, transactions over the last 12 months tend to rise. The highest average monthly price for the silver commodity was recorded in January 2026 at US$93.97 per troy ounce.

Back in 2020, Indonesia was recorded to have silver ore reserves of 2.8 billion tons. The reserve life is estimated to last until 214 years (2234).

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Some silver-producing regions in Indonesia include Bengkalis Regency (Riau), Bontang City (East Kalimantan), Laut Island (South Kalimantan), Sambas Regency (West Kalimantan), and Bolaang Mongondow Regency (North Sulawesi).