TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 2, 5:00 PM EST
Kalshi
This event tracks the silver spot price at a specific moment on July 2, 2026. Silver is a precious metal traded globally on commodity exchanges, with prices fluctuating based on supply, demand, industrial use, and investment sentiment. The settlement uses the closing price of a one-minute candlestick at 5:00 PM EDT.
Settlement is determined by comparing the 1-minute candlestick close price for silver on July 02, 2026 at 5:00 PM EDT against multiple price thresholds ranging from $53.00 to $62.75 USD per troy ounce, each in $0.25 increments. The close price represents the final price at the end of the immediately preceding one-minute interval (e.g., the 4:59 PM candlestick closes at 5:00:00 PM). All settlement values are rounded to the nearest 2 decimal places. If no data is published by the specified source agency for the exact time, the most recently available published data will be used for resolution.
Prediction market odds often diverge from traditional analyst forecasts because they reflect real-time, incentivized trader bets rather than point estimates from research teams. Traders in this market incorporate breaking news, technical analysis, and macroeconomic signals faster than consensus revisions typically update. While analysts may publish quarterly outlooks, prediction markets continuously reprice based on new information. Comparing the implied probability here to published forecasts from commodity analysts, banks, and precious metals research firms can reveal where the crowd expects surprises or where expert opinion lags market-driven expectations.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing different silver price ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share pays out based on where the spot price settles at the specified time, and the bid-ask spread reflects the market's uncertainty around the outcome. Prices move as new information arrives and trader conviction shifts, allowing participants to enter or exit positions at any time before the market closes. The platform's matching engine ensures transparent price discovery across all active price levels.
This market resolves around Jul 2, 2026, at which point the outcome is confirmed once the silver price at that specific time is verifiable from credible public sources. The resolution hinges on the official spot price recorded at the designated moment, independent of any single exchange or dealer quote. Traders should monitor commodity data providers and precious metals reporting in the days leading up to the deadline to assess final price expectations. Once the event occurs and the price is established, the market settles automatically based on the verified outcome.
Major catalysts for this market include US Federal Reserve policy announcements, inflation data, and shifts in real interest rates, all of which influence precious metals demand. Geopolitical tensions, currency fluctuations, and industrial demand cycles also drive silver prices significantly. Central bank purchases or sales, mining disruptions, and changes in investment flows toward safe-haven assets can create sharp repricing. Additionally, broader equity market volatility and shifts in inflation expectations will likely trigger trader repositioning as the resolution date approaches. Monitoring macroeconomic calendars and commodity news will help participants anticipate potential moves.