Silver Price Traded at US$73.17 per Troy Ounce This Morning (Friday, April 03, 2026)

Investing.com records that today's silver price rose 0.34% to the level of US$73.17 per troy ounce. This price increase is quite high compared to the average price movement in the past week.

The silver price saw its highest weekly jump on Tuesday, March 31, 2026, at 6.16%. It has strengthened by 3.03% compared to its position at the start of the year.

(Read: Copper Price Traded at US$5.68 per Pound This Morning (Friday, April 03, 2026))

Current conditions are similar to the silver price movement in the last day, which is in a declining trend.

Over the past week, silver price movement grew by 8.08% with an average daily transaction price of US$72.2 per troy ounce. Compared to the price at the start of the year, this silver price has grown by 3.03%. Even from its highest price this year at US$115.15 per troy ounce, the silver price has dropped by 36.46%.

Annually, the average trading price of silver over the past 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 of the silver commodity was recorded in January 2026 at US$93.97 per troy ounce.

(Read: US Soybeans Futures for Two-Month Contract - Traded at US$1163.5 per Bushel This Afternoon (Thursday, April 02, 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.

Citing 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.