Silver Price Rises Toward US$85,033 /Troy Ounce (Wednesday, March 04, 2026)

Silver prices for Wednesday, March 04, 2026 trading rose. Today's silver trading price was recorded at US$85,033 per troy ounce. This figure is higher than the previous day's trading at US$83,23 per troy ounce. The current condition is similar to the movement of silver prices in the last day, which is in an uptrend.

Over the past week, silver price movement fell by -3.16% with an average daily trading price of US$89,35 per troy ounce. As a result, throughout 2026, silver prices have risen 19.74% from the start-of-year level of US$71,015 per troy ounce. Even from this year's highest price of US$115.15 per troy ounce, silver prices have fallen 26.15%.

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Annually, the average silver price trading 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.

According to records from the Ministry of Energy and Mineral Resources (ESDM), 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).

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