Silver Price Rises for Three Consecutive Days

Investing.com records that today's silver price rose 0.05% to the level of US$76.48 per troy ounce. This price increase is quite high compared to the average price movement in the last week.

Throughout this week, silver prices saw their highest jump on Wednesday, April 08, 2026, at 4.72%. It has strengthened by 7.7% compared to its position at the start of the year.

(Read: Tsr20 Rubber Price - Rubber Tsr20 Futures - Falls to US$201.3 /100 Kg Level (Friday, April 10, 2026))

The current condition is similar to the silver price movement in the last three days, which has been in a declining trend.

In the last week, silver price movement grew 4.88% with an average daily transaction price of US$73.98 per troy ounce. As a result, throughout 2026, silver prices have risen 7.7% 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 on Monday, January 26, 2026.

Annually, the average silver trading price over the last five years has been on an upward trend. Meanwhile, for monthly price monitoring, transactions in 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.

(Read: Copper Price Falls to US$5.75 /Pound Level (Thursday, April 09, 2026))

Silver is a type of non-corrosive metal, so it is considered a precious metal with a high selling value. Although its price is still far below gold, silver is often favored as a raw material for various products, such as jewelry.

Quoting Statista, Mexico is the world's largest silver-producing country. Silver production in that country reached 178.1 million ounces in 2020.

Indonesia ranks 16th as the world's largest silver-producing country. It is recorded that silver production in the country reached 8.3 million ounces last year.