Silver Price Rises to US$60.265 per Troy Ounce (Wednesday, 08 July 2026)
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As recorded by Investing.com today, silver price rose by 0.29% to reach US$ 60.265 per troy ounce. This price increase is relatively high compared to the average price movement over the past week.
Today's 0.29% price movement marks the highest gain recorded in the last week. Meanwhile, trading performance since the start of the year continues to decline, with a year-to-date drop of 15.14%.
(Read: TSR20 Rubber Price - Rubber TSR20 Futures Keep Rising For Three Consecutive Days)
Current market conditions align with the downward trend observed in silver price movement over the past day.
Over the past week, silver price increased by 0.57%, with an average daily transaction price of US$61.47 per troy ounce. According to Katadata Insight Center (KIC) calculations, silver price has contracted by 15.14% year-to-date (ytd). Measured from this year's peak price of US$115.15 per troy ounce, silver value has fallen by 47.66%.
On an annual basis, average silver trading prices have been on an upward trend over the last five years. Meanwhile, monthly price monitoring shows that transactions over the past 12 months have generally trended upwards. The highest recorded monthly average silver commodity price was registered in January 2026 at US$93.97 per troy ounce.
(Read: Copper Price Declines to US$6.17 per Pound (Tuesday, 07 July 2026))
"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."
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| NTP (Jun) | 114,65 | +0.76 |
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