Staff Answer
Jun 01, 2026 - 06:25 AM
The silver spot price is bucking the broader macro sell-off today, June 1, 2026, trading at $76.18 per ounce ($2,449.24 per kilo) at 9 AM ET, which is a 0.24% gain from Friday morning. Silver's intraday outperformance is fueled by inelastic industrial demand from green energy infrastructure, artificial intelligence data centers, and automotive sectors. Investor sentiment is also highly positive following the Multi Commodity Exchange (MCX) launch of its new Silver 100-gram micro-futures contract this morning, which is expected to lower retail capital barriers and drastically increase trading volume across Asian markets.
