Staff Answer
May 12, 2026 - 06:45 AM
As of 9 AM ET today, the silver spot price is $85.08 per ounce, an increase of 0.88% from yesterday’s $84.34. On a larger scale, this brings the price to approximately $2,735.37 per kilo. Silver continues to build on yesterday's momentum, which saw front-month futures gain over 6%. Today’s continued strength is fueled by high-stakes trade talks in Seoul between U.S. Treasury Secretary Scott Bessent and Chinese officials. Market optimism regarding a potential trade breakthrough is boosting silver's industrial demand outlook, particularly in green technology and manufacturing sectors.
