As of Sep 07, 2026, at 2:45 AM EDT, the live Silver Price is quoted at $66.43 per troy ounce in U.S. dollars. Broken down by smaller weights, that equals $2.14 for a single gram and $2,135.65 for a full kilogram. Because bullion changes hands continuously across global trading venues, these figures shift minute by minute in response to investor positioning, physical offtake, currency moves, and broader macro conditions.
Silver Spot Prices
Silver Price | Price | Change |
Silver Price Per Ounce | $66.43 | -$0.19 |
Silver Price Per Gram | $2.14 | -$0.01 |
Silver Price Per Kilo | $2,135.65 | -$5.98 |
Live Metal Spot Prices (24 Hours) Last Updated: 09/07/2026 at 12:53 AM EDT
The current silver spot price Sep 07 2026 enters the new week on defensive footing. Silver is clinging to the $66 handle after a rough close to last week, and the question waiting for traders this morning is straightforward: can the $66.00 shelf absorb the selling, or does this correction have another leg to run?
Silver Price Sep 07 2026 Current: Where the Market Stands
The Silver price Sep 07 2026 USD per ounce reads $66.43 in the spot market, easing $0.19 from the prior settlement. In percentage terms that is a slip of about 0.29% overnight, which is notably tamer than the aggressive repricing that dominated Friday’s session.
Futures tell a rougher story. The COMEX December 2026 contract (SIZ6) changed hands last at $66.820, a loss of $0.880 or 1.31% versus the prior settle of $67.704. Trade opened at $67.55 and swung through a broad band of $65.350 to $67.810, covering nearly $2.46 per ounce from low to high. Turnover came in at 40,410 lots.
For anyone benchmarking the Silver spot price per ounce Sep 07 2026 against the longer arc, one figure reframes the entire discussion: silver has appreciated 61.16% across the trailing twelve months. Set that against a 52-week band running from $41.145 all the way to $121.785, and the scale of 2026’s turbulence becomes obvious. This is a market that has traded across a three-fold range inside a single year.
Snapshot: Silver Market Data, Sep 07 2026
Metric | Value |
Spot Price (per oz) | $66.43 |
Spot Price (per gram) | $2.14 |
Spot Price (per kilo) | $2,135.65 |
COMEX Futures (SIZ6) | $66.820 |
Daily Change (Futures) | -$0.880 (-1.31%) |
Previous Close | $67.704 |
Day’s Range | $65.350 – $67.810 |
52-Week Range | $41.145 – $121.785 |
1-Year Change | +61.16% |
Volume | 40,410 contracts |
Gold-Silver Ratio | ~67.0 |
One timing caveat: today falls on Labor Day in the United States. COMEX runs a shortened holiday session, and that typically drains liquidity and stretches bid-ask spreads well beyond normal. Thin books exaggerate every move, so a dramatic-looking candle today may reflect nothing more than an absence of counterparties. Weigh this morning’s tape accordingly.
Silver Price Drivers Sep 07 2026: What Is Moving the Metal
Four separate forces are pulling on the Silver price Sep 07 2026 current quote. Here is the contribution of each.
1. Dollar Strength and Rising Treasury Yields
The U.S. Dollar Index has firmed to 99.13, adding 0.25%, while the benchmark 10-Year Treasury yield has pushed up to 4.784%. The 5-Year is arguably the sharper mover, jumping 0.91% to 4.55%. Taken together, this pairing is the most immediate obstacle standing in silver’s way.
The mechanics are simple enough. When the dollar appreciates, buyers holding other currencies effectively pay more for the same ounce, which shaves demand at the edges. At the same time, climbing real yields make interest-bearing paper look better relative to metal that pays nothing at all. Precious metals rarely escape unscathed when both forces line up in one session. Gold offered the confirmation, with December futures shedding 1.38% to settle at $4,477.20.
What lit the fuse under yields was a U.S. payrolls print that came in firmer than forecasters had penciled in, prompting markets to push expected policy easing further out on the calendar. Anyone bullish on silver should keep the rate trajectory at the top of the watchlist heading into the next inflation release.
2. Technical Breakdown Below Key Moving Averages
Silver’s chart structure has weakened considerably over the past several sessions. Working from the 5-hour timeframe, price rolled over hard from the $71.16 zone and then cut down through the 20-period SMA at $68.47, followed by the 50-period SMA at $67.58. Losing both averages in sequence flipped the near-term bias and handed the initiative to sellers.
Momentum readings agree. MACD crossed into negative territory at -0.0978 while its signal line sat at 0.2666, a spread that shows downside pressure building rather than exhausting itself. The ADX at 25.51 is worth parsing carefully: it confirms a market moving with genuine direction, yet it stops well short of the readings you would expect during outright panic. Sellers are in charge, but nobody is stampeding for the exit.
Price has since settled into a corridor between $65.30 and $67.50, placing today’s $66.43 print almost exactly at the midpoint of that channel.
Levels that matter:
- $66.00 is the pivot everything hinges on. Underneath it lies a band from $66.00 to $67.00 where transaction volume has historically been unusually dense, meaning real buyers have defended this shelf before. Should silver settle below it, the path down toward the 200-period SMA at $62.11 is uncomfortably clear, with little structural footing along the way.
- $67.58 is the level bulls have to win back. Until the 50 SMA is reclaimed on a closing basis, arguing that downside risk has been neutralized is a hard case to make.
- $65.35 was Friday’s low print and now stands as the nearest floor beneath current trade.
There is a portable lesson embedded in this setup. Support built from several moving averages stacked directly over a dense volume shelf feels far more solid than it actually is. Once price cuts through that stack, the market often has to travel a long way down before it finds the next area where buyers genuinely step up. Traders routinely underestimate that distance.
3. Mining Sector Consolidation: The Margarita Silver Project Deal
The week’s most consequential news on the supply side originated in Vancouver. Starlo Ventures Ltd. (CSE:SLO) disclosed that it has signed a binding letter of intent covering the Margarita Silver Project in Chihuahua state, Mexico. The structure amounts to a reverse takeover of Starlo itself.
The mechanics of the arrangement:
- Full ownership of the project transfers to Starlo via the acquisition of 1588867 B.C. Ltd., a privately held company registered in British Columbia
- Payment consists of 40,000,000 common shares together with CAD $5,000,000 in cash
- Running alongside the acquisition, a private placement of 40,000,000 subscription receipts priced at $0.25 apiece is set to bring in $10,000,000
- Every receipt converts into one common share and half a share purchase warrant, with the warrant carrying a $0.35 strike over a two-year term
- Consideration shares carry an 18-month lock-up, releasing in 20% tranches every four months
The underlying asset justifies the attention. Margarita is made up of two concessions spanning 125.625 hectares, positioned inside the Sierra Madre Gold Belt at a point roughly 88 kilometers southwest of the Chihuahua state capital. Its neighbors matter too: the Los Gatos Mine operated by First Majestic Silver Corp. lies only 15 kilometers to the southeast of the property.
Resource figures come from a historical study dated May 24, 2022, which Micon International Limited compiled on behalf of Magna Gold Corp. That work reported:
- Indicated: 1,854,000 tonnes at 204.9 g/t silver, equating to 12.2 million contained ounces
- Inferred: 454,000 tonnes at 153.1 g/t silver, equating to 2.2 million contained ounces
Read those numbers with the appropriate qualifier attached. Starlo has been explicit that no qualified person has yet performed the verification work required to bring the historical estimate forward as a current mineral resource under today’s reporting standards.
Once the deal closes, Starlo intends to rebrand under a new corporate name, exit the Canadian Securities Exchange through a voluntary delisting, and pursue a Tier 2 Mining Issuer listing on the TSX Venture Exchange instead. Closing is contingent on the private placement being funded in full and on clearance from every relevant regulator.
Why this matters for silver investors: transactions like this one function as a sentiment gauge, nobody commits ten million dollars of fresh equity to a pre-development Mexican concession unless they are underwriting a view that silver holds these levels or climbs from here. Mexico still accounts for more silver production than any other country on earth, and a wave of dealmaking inside the Sierra Madre corridor suggests project developers are building for a durably higher price deck even as spot chops sideways.
4. Industrial Demand and the Structural Supply Story
The Silver price rally 2026 Sep precious metals market story rests on more than safe-haven flows. What separates silver from gold is that roughly half its demand comes from factories rather than vaults.
Photovoltaic cell production, printed circuit assemblies, EV wiring systems, and a long list of medical devices all draw on silver, and manufacturers cannot simply pause those orders when sentiment sours the way investors can rotate out of an ETF. That baseline consumption is the single best explanation for why silver has hung onto a gain north of 60% year over year despite retreating a long way from its 52-week peak above $121.
The gold-silver ratio is presently around 67.0, derived from gold at $4,477.20 divided by silver at $66.82. Looking back across prior cycles, readings clustered near this level have generally described a market in equilibrium, with silver neither screaming value nor overextended against gold. That reading strengthens the argument that what we are seeing now is digestion of prior gains rather than the opening act of a structural unwind.
Silver ETF Performance: Sep 07 2026
Exchange-traded vehicles tracking the metal carried Friday’s losses into the close:
ETF | Last | Change | Volume |
SLV (iShares Silver Trust) | $59.82 | -1.21% | 12.64M |
SIVR (abrdn Physical Silver Shares) | $62.91 | -1.18% | 999.49K |
AGQ (ProShares Ultra Silver) | $81.70 | -2.35% | 2.47M |
ZSL (ProShares UltraShort Silver) | $23.35 | +2.41% | 3.65M |
The composition of that volume is more revealing than the price changes. Heavy turnover concentrated in ZSL, the leveraged inverse product, points toward traders placing short-duration bearish bets rather than long-term allocators dumping physical exposure. Telling those two behaviors apart is what separates a temporary positioning squeeze from an actual reversal in trend.
Silver Price Outlook: What to Watch This Week
For anyone tracking the Silver spot price Sep 07 2026 into the sessions ahead, four variables will do most of the work in setting direction:
Bearish scenario. A settlement underneath $66.00 would activate resting technical stops and clear a runway toward the 200-period SMA at $62.11. Persistent dollar bid and additional pressure on the yield curve would give that outcome momentum.
Bullish scenario. Holding the $66.00 shelf and then closing back above $67.58 would defuse the current bearish setup. The realistic trigger for that would be a cooler inflation reading or unexpectedly accommodative language from Federal Reserve officials.
Volume tell. Pay close attention to turnover if price revisits $66.00. A pronounced surge in activity right at that shelf resolves in one of two ways, either sellers finishing their business or new buyers stepping in size. Whichever candle prints next typically settles the question inside a session or two.
Calendar risk. The next scheduled U.S. inflation release is the dominant event on the horizon. Expect positioning ahead of that number to steer price action through midweek.
Frequently Asked Questions
What is the current silver price Sep 07 2026?
The current silver price on Sep 07 2026 is $66.43 per ounce, off $0.19 from the previous session. On a smaller-weight basis silver stands at $2.14 per gram and $2,135.65 per kilogram as of 12:53 AM EDT.
What is the Silver price Sep 07 2026 USD per ounce on the futures market?
COMEX December 2026 silver futures (SIZ6) last printed at $66.820 per ounce, a decline of $0.880 or 1.31% against the prior settle of $67.704. The contract traded between $65.350 and $67.810 on turnover of 40,410 lots.
What are the main Silver price drivers Sep 07 2026?
Four inputs are doing the heavy lifting: a stronger U.S. Dollar Index at 99.13, an advancing 10-year Treasury yield now at 4.784%, a chart break beneath the 20 and 50 period moving averages, and continued consolidation across the mining sector, most recently Starlo Ventures moving on the Margarita Silver Project in Mexico.
Is silver still in a rally in 2026?
Silver holds a gain of 61.16% across the trailing twelve months even after the recent setback. That said, the metal has retraced a considerable distance from its 52-week peak of $121.785, so the honest characterization of the present phase is consolidation inside a longer uptrend rather than a rally still in motion.
What is the key support level for silver right now?
$66.00 is the level to watch. It anchors a $66.00 to $67.00 band where trading volume has historically been concentrated and where buyers have defended before. Losing it on a closing basis leaves the 200-period SMA at $62.11 as the next meaningful reference.
Why is silver falling if the long-term trend is up?
The near-term slide comes down to a firmer dollar and higher real yields after U.S. employment data landed above forecasts, compounded by a technical break under short-term moving averages. Neither development alters the underlying supply constraints or the industrial consumption base that carried silver through 2026.
Are markets open on Sep 07 2026?
September 7, 2026 falls on Labor Day in the United States. COMEX operates a shortened holiday session, which reliably produces lighter volume and wider spreads. Moves printed under those conditions deserve less weight than those recorded on a normal full-liquidity day.
Track daily precious metals movements: Compare today’s reading against our silver price coverage from Sep 04, 2026 to see how the week has developed, review the gold price update for Sep 04, 2026 for cross-metal context, and monitor the live gold price chart for real-time ratio analysis. For a longer-term view of how far the market has traveled, revisit our silver price report from July 31, 2026. Stay current with daily commodity coverage and mining sector analysis at Natural Resource Stocks.