Staff Answer
Jun 02, 2026 - 06:14 AM
At 9:00 AM ET on June 2, 2026, spot silver gained 0.43%, trading at $76.51 per troy ounce ($2,459.85 per kilo) compared to yesterday's value of $76.18. Despite cooled paper investment sentiment earlier in the week, silver prices are finding a firm floor today. This is due to severe, ongoing physical supply deficits fueled by intense industrial consumption in green tech applications, solar energy infrastructure, and AI-driven electrical components.
