Silver Prices Keep Rising in the Last Four Days
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Silver prices for Thursday, April 16, 2026 transactions rose. Today's silver trading price was recorded at US$80.533 per troy ounce. This figure is higher than the previous day's trading, which was at US$79.643 per troy ounce. The current situation completes the silver price movement in the last four days, which has been in an uptrend.
In the last week, silver price movement grew by 6.83% with an average daily trading price of US$77.44 per troy ounce. As a result, throughout 2026, silver prices have risen 13.4% 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.
Annually, the average silver trading price in 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 for 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 Prices Rise for Four Consecutive Days)
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).
"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."
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