Silver Price Trades at US$88,848 /Troy Ounce This Morning (Tuesday, March 03, 2026)

Investing.com records that today's silver price fell 1.62% to the level of US$88,848 per troy ounce. This price drop is quite high compared to the average price movement over the past week.

Today's price movement is the largest decline in the last week, falling 1.62%. Meanwhile, trading since the start of the year has strengthened with a year-to-date growth of 25.11%.

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Current conditions complete the silver price movement of the last two days which has been in an uptrend.

Over the past week, silver price movement rose 2.25% with an average daily transaction price of US$90,761 per troy ounce. As a result, throughout 2026, silver prices have risen 25.11% from the start-of-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 on Monday, January 26, 2026.

Annually, the average trading price of silver over the last five years has been in an uptrend. Meanwhile, for monthly price monitoring, transactions over 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 areas 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).