Silver Price Rises Towards US$54.065 per Troy Ounce (Tuesday, 27 October 2026)
- A Small
- A Medium
- A Bigger
Silver price for trades on Tuesday, 27 October 2026 increased. Today's silver trading price is recorded at US$54.065 per troy ounce. This figure is higher than the previous trading day which stood at US$53.928 per troy ounce. Current conditions align with silver price movements over the last day which are on a downward trend.
Over the past week, silver price movement grew by -5.6% with an average daily transaction price of US$55.24 per troy ounce. As a result throughout 2026, silver prices have fallen by -23.87% from the start of year level at US$71.015 per troy ounce. Even from this year's peak price of US$115.15 per troy ounce, silver prices have dropped by 53.05%.
On an annual basis, the average silver trading price over the last five years is on an upward trend. Meanwhile, for monthly price monitoring, transactions over the past 12 months have tended to decline. The highest monthly average price for the silver commodity was recorded in January 2026 at US$93.97 per troy ounce.
Factors Affecting Silver Price
Silver has two roles: a safe haven asset similar to gold, as well as an industrial metal for solar panels and electronics. Therefore its price is affected by economic uncertainty, interest rate directions, solar energy demand, and the gold-silver ratio.
What is Silver and Why is its Price Monitored?
Silver is a globally traded precious metal that often moves in line with gold. Aside from jewellery and investment, industrial demand for silver is rising alongside the expansion of solar energy and electronics.
Why Can Silver Prices Rise or Fall Today?
Daily silver prices are influenced by gold movements, US central bank interest rate directions, US dollar strength, and industrial demand such as for solar panels. Over the last 30 days, silver price trends have tended to decline (weakening).
Medal counts for the Indonesian team at the Aichi-Nagoya 2026 Asian Games continue to increase. as reported by Katadata "one silver medal and five bronze medals" have been secured by the national contingent as of Monday (21/9).
Currently, pure silver is subject to 12% VAT, unlike gold bullion which is already VAT exempt. as reported by Katadata "Equalisation of tariffs for silver products, namely pure silver with a non-collectible VAT facility scheme". This proposal was submitted by Antam to improve industry competitiveness.
"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."
Related Data
Latest Data Stories
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Sep) | 3,28% | +0.09 | |
| Inflasi mom (Agu) | 0,21% | +0.35 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18 | +0.52 | |
| PDB ADHK (Q2) | 3.576,20 | +3.73 | |
| Ekspor Migas (Agu) | 992,20 | +25.98 | |
| Neraca perdagangan (Agu) | 3,55 | +2,814.03 | |
| Impor Migas (Agu) | 3,53 | -6.37 | |
| Ekspor (Agu) | 26,61 | +1.51 | |
| Impor (Agu) | 23,06 | -11.63 | |
| Kunjungan Wisman (Agu) | 1,60 | +4.89 | |
| NTP (Jul) | 116,16 | +1.32 |
Trending Topics
Popular Data
