Staff Answer
May 28, 2026 - 06:25 AM
The silver spot price is currently trading at $74.33 per ounce at 9 AM ET today, May 28, 2026, marking a 0.79% decline from yesterday's morning price of $74.92, bringing the price to $2,389.76 per kilo. Despite strong ongoing structural demand for silver in solar panels and AI data-center infrastructure, the metal is facing temporary headwinds today. A strengthening U.S. dollar index, bolstered by escalating geopolitical risks in the Middle East following defensive U.S. military strikes near the Strait of Hormuz, has triggered widespread profit-taking across industrial commodities.
