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Precious Metals

Silver

Silver is a hybrid commodity that responds to both safe-haven demand and industrial activity.

It can behave like a monetary metal in stressed periods and like an industrial input when electronics, solar, and manufacturing demand accelerate.

Benchmark
Spot silver in USD per troy ounce.
Use Cases
3
Tracked In
1 industries

Quick Read

Daily market pricing.
Data source: Alpha Vantage
industrial demand
gold/silver ratio
solar installations
speculative positioning

Price History

How Silver has been moving

Use the chart to frame cycle strength, input-cost pressure, and how the signal may feed into sector margins.

Silver

Alpha Vantage granularity
Change % n/a
Min n/aMax n/a
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Why this commodity matters

Silver is often more volatile than gold because it has to balance two narratives at once: defensive precious-metal demand and cyclical industrial pull-through.

What this raw material is useful for

Silver miners and diversified precious-metal producers
Solar, electronics, and grid-equipment demand reads
Comparing cyclical demand against macro fear

Sectors that care the most

Latest
59.86 USD per troy ounce
Latest Change
-0.0%
1Y Change
+55.8%
5Y Change
+128.2%
All-Time High
117.39 USD per troy ounce
All-Time Low
12.11 USD per troy ounce

Demand Drivers

Solar and grid-equipment demand
Electronics, solder, and industrial fabrication
Retail and ETF investor interest
Relative performance versus gold in risk-on or reflation phases

Supply Drivers

Mine production, often as a by-product of other metals
Scrap and recycling flows
Project economics tied to zinc, lead, copper, and gold output
Refining availability and logistics

Benchmark & Coverage

Benchmark: Spot silver in USD per troy ounce.

Series cadence: Daily market pricing.

Stored points: 5330 observations

Date span: 2011-06-01 to 2026-07-12

Watchpoint 1
industrial demand
Watchpoint 2
gold/silver ratio
Watchpoint 3
solar installations
Watchpoint 4
speculative positioning

Industry Connections

Where this material actually shows up

Basic Materials

Silver