Silver Price Rises Toward US$80,325 /Troy Ounce (Monday, March 16, 2026)

Silver price for transactions on Monday, March 16, 2026 rose. Today's silver trading price was recorded at US$80,325 per troy ounce. This figure is higher than the previous day's trading which stood at US$80,17 per troy ounce. The current condition is similar to the silver price movement in the last day which is in an uptrend.

Over the past week, silver price movement grew by -2.12% with an average daily trading price of US$83.8 per troy ounce. As a result, throughout 2026, silver price has risen by 13.11% from the beginning of the 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.

(Read: Tsr20 Rubber Price - Rubber Tsr20 Futures - Falls Toward US$194.9 /100 Kg (Friday, March 13, 2026))

Annually, the average silver trading price over the last five years has been in an uptrend. Meanwhile, for monthly price monitoring, transactions in the last 12 months tend to rise. The highest average monthly price of 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).

(Read: Copper Price Rises Toward US$5.71 /Pound (Monday, March 16, 2026))

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).