Silver Futures Settle at $60.056, Surging 4.14% on the COMEX

Deep News08-05

The near-month silver futures contract for August delivery on the COMEX climbed $2.3890 per troy ounce today, a gain of 4.14%, to close at $60.056.

This marks the largest single-session dollar and percentage increase since Friday, June 12, 2026. The contract has now risen for two consecutive trading days, with a cumulative gain of $2.465, or 4.28%, over that period. It has advanced in four of the last five sessions.

This settlement represents the highest closing price since Thursday, July 9, 2026. The current price is 47.81% below the 52-week high of $115.08, set on Monday, January 26, 2026. It is also 61.18% above the 52-week low of $37.261, recorded on Tuesday, August 19, 2025.

Compared to the same period one year ago, silver prices have risen by 59.35%. From the 2026 settlement high of $115.08 on January 26, the price has declined 47.81%. Conversely, it has increased 7.44% from the 2026 settlement low of $55.898, set on Thursday, July 16, 2026. Relative to the all-time high of $115.08 on January 26, 2026, the metal has dropped 47.81%.

Year to date, silver futures are down $10.078, or 14.37%. All price figures are based on the settlement of the current front-month contract.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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