Silver spot prices hover near $29.50/oz, with Polymarket traders pricing a 45% implied probability of surpassing $30 by March 31 amid surging industrial demand from solar panel production and electronics, bolstered by gold's rally above $2,100/oz as a safe-haven proxy. A weakening U.S. dollar—down 1.5% this month against major currencies—and persistent inflation concerns have fueled the 8% YTD gain, though COMEX futures reflect caution with open interest steady at 160,000 contracts. Key catalysts ahead include March 20 CPI data and the March 19-20 FOMC meeting, where dovish signals could propel prices past the threshold, while stronger-than-expected inflation risks a pullback to $28 support levels. Trader consensus weighs supply constraints from Mexican mines against potential ETF outflows.
Experimental AI-generated summary referencing Polymarket data · Updated$851,854 Vol.
↑ $200
<1%
↑ $170
<1%
↑ $150
<1%
↑ $140
1%
↑ $130
1%
↑ $125
1%
↑ $120
2%
↑ $115
2%
↑ $110
2%
↑ $105
3%
↑ $100
7%
↑ $95
13%
↓ $75
74%
↓ $70
28%
↓ $65
26%
↓ $60
2%
↓ $50
1%
↓ $40
<1%
↓ $25
<1%
$851,854 Vol.
↑ $200
<1%
↑ $170
<1%
↑ $150
<1%
↑ $140
1%
↑ $130
1%
↑ $125
1%
↑ $120
2%
↑ $115
2%
↑ $110
2%
↑ $105
3%
↑ $100
7%
↑ $95
13%
↓ $75
74%
↓ $70
28%
↓ $65
26%
↓ $60
2%
↓ $50
1%
↓ $40
<1%
↓ $25
<1%
For CME Silver (SI) futures contracts, the Active Month is the nearest of CME's designated delivery-cycle months (March, May, July, September, December) that is not the spot month. The Active Month becomes a non-active month effective on its First Position Date, at which point the next eligible contract month becomes the Active Month.
Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count.
Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract.
Only days on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored.
This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates.
The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Silver (SI) futures.
Market Opened: Mar 2, 2026, 6:17 PM ET
Resolver
0x65070BE91...Resolver
0x65070BE91...Silver spot prices hover near $29.50/oz, with Polymarket traders pricing a 45% implied probability of surpassing $30 by March 31 amid surging industrial demand from solar panel production and electronics, bolstered by gold's rally above $2,100/oz as a safe-haven proxy. A weakening U.S. dollar—down 1.5% this month against major currencies—and persistent inflation concerns have fueled the 8% YTD gain, though COMEX futures reflect caution with open interest steady at 160,000 contracts. Key catalysts ahead include March 20 CPI data and the March 19-20 FOMC meeting, where dovish signals could propel prices past the threshold, while stronger-than-expected inflation risks a pullback to $28 support levels. Trader consensus weighs supply constraints from Mexican mines against potential ETF outflows.
Experimental AI-generated summary referencing Polymarket data · Updated


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