Staff Answer
May 04, 2026 - 06:31 AM
The current spot price for silver is $73.96 per ounce ($2,377.86 per kilo) at 9 AM ET, marking a 1.07% decline from Friday’s $74.76. While silver is tracking gold’s downward move this morning, the "white metal" continues to see robust support from the industrial sector. According to the latest Silver Institute reports, the structural deficit in silver remains acute due to massive demand from AI infrastructure and solar panel manufacturing. For many investors, today’s dip provides a strategic entry point before the next wave of industrial restocking.
