Silver Market Analytics

Real-time data, insights, and analysis for silver investors

Silver (SI=F) FUTURES COMEX Futures · London closed
$67.40
+4.48% (+$2.89)
Feed: SI=F (COMEX_FUTURES)
Gold (GC=F) FUTURES COMEX Futures · London closed
$4219.10
+3.06% (+$125.60)
Feed: GC=F (COMEX_FUTURES)
Gold/Silver Ratio bullish
62.7
53th percentile · as of 2026-06-11
Silver 52-Week (Daily Closes)
$29.12 $115.08
131.8% from low 41.4% from high

Based on daily closing prices · as of 2026-06-11

Shanghai Silver Premium
SGE Ag(T+D) vs SI=F · USD/CNH
Official
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USD/CNH
Latest FX used for Shanghai premiums
FX
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Silver Price History

Gold/Silver Ratio

Market Insights

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Gold/Silver Ratio
Currently at 62.7, in the 53th percentile historically. Gold/silver ratio is elevated on a long-term basis, indicating silver is inexpensive relative to gold (bullish for silver)..
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Commercial Positioning
Commercials net short 17,993 contracts. Neutral positioning.
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Technical Analysis
Technical indicators lean bullish (2 bullish, 1 bearish signals).
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Real Interest Rates
Real rates elevated at 2.21%. Creates headwind for non-yielding assets.
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Price Momentum
Multi-timeframe momentum score: 57/100 (Neutral). Based on 1-12 month returns vs historical norms.
Technical Signals - Silver
RSI Oversold
Moving Averages 50-day above 200-day (bullish trend)
Price vs 50 SMA Below (Bearish)
Bollinger Bands Within Bands
26.7
RSI (14)
$75.84
50 SMA
$67.92
200 SMA

Indicators based on daily closing prices · as of 2026-06-11

Momentum Score 57/100
Bearish Neutral Bullish

Multi-horizon time-series momentum based on daily closes · as of 2026-06-10

Gold/Silver Ratio Analysis
62.7 current ratio

Gold/silver ratio is elevated on a long-term basis, indicating silver is inexpensive relative to gold (bullish for silver).

58.3
Mean
60.7
Median
10.7
Min
125.9
Max
COT Positioning Details
Commercials Net -17,993
Managed Money Net 10,444

Neutral positioning · as of 2026-06-02

COMEX Inventory
Registered 85M oz
Eligible 234M oz
Total 319M oz

Levels based on daily COMEX warehouse report (registered/eligible closes) · as of 2026-06-11

ETF Holdings
SLV 482M oz
PSLV 216M oz

SLV & PSLV holdings in millions of ounces (daily published closes) · SLV as of 2026-06-11, PSLV as of 2026-06-11

Macro Environment

10Y Treasury
4.55%
As of 2026-06-10
Real Rate
2.21%
Positive (headwind)
M2 Money Supply
$22.8T
As of 2026-04-01
Silver/M2 Ratio
2.96
Silver priced in M2 terms (latest silver close vs latest M2) · as of 2026-04-01

COT Net Positioning - Silver