Staff Answer
May 08, 2026 - 07:02 AM
Silver remains remarkably steady today, clocked at $81.48 per ounce (roughly $2,619.64 per kilo) at 9 AM ET. This is a marginal 0.02% decrease from yesterday’s $81.50, showcasing silver's resilience amid broader market volatility. While gold saw a steeper decline, silver is buoyed by a persistent structural deficit. Current reports from the Silver Institute highlight record-breaking demand in the photovoltaic (solar) and EV sectors, which is offsetting the downward pressure from a strengthening U.S. dollar today.
