Silver prices have traded in a volatile $70–$87 per ounce range through mid-May 2026 after peaking above $120 in January, with the latest moves driven by a May 11 U.S.-China tariff truce that triggered a 6% one-day rally before hotter-than-expected April CPI of 3.8% pushed first Fed rate-cut odds to September and reversed much of the gain. Persistent structural deficits projected at 46 million ounces for 2026, supported by solar and electronics demand, continue to underpin the market alongside gold-silver ratio dynamics and dollar strength. Traders are now focused on upcoming May and June inflation and labor releases plus any Federal Reserve communications that could shift monetary-policy expectations ahead of June 30 resolution.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedSilver (SI) above ___ end of June?
$262,183 Vol.
$140
3%
$120
6%
$110
14%
$100
19%
$95
23%
$90
25%
$85
32%
$80
43%
$75
66%
$70
74%
$65
86%
$60
90%
$262,183 Vol.
$140
3%
$120
6%
$110
14%
$100
19%
$95
23%
$90
25%
$85
32%
$80
43%
$75
66%
$70
74%
$65
86%
$60
90%
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 during June 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: Dec 26, 2025, 6:28 PM ET
Resolver
0x65070BE91...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 during June 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.
Resolver
0x65070BE91...Silver prices have traded in a volatile $70–$87 per ounce range through mid-May 2026 after peaking above $120 in January, with the latest moves driven by a May 11 U.S.-China tariff truce that triggered a 6% one-day rally before hotter-than-expected April CPI of 3.8% pushed first Fed rate-cut odds to September and reversed much of the gain. Persistent structural deficits projected at 46 million ounces for 2026, supported by solar and electronics demand, continue to underpin the market alongside gold-silver ratio dynamics and dollar strength. Traders are now focused on upcoming May and June inflation and labor releases plus any Federal Reserve communications that could shift monetary-policy expectations ahead of June 30 resolution.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated

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