TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 6, 5:00 PM EST
Kalshi
This event tracks the silver spot price at a specific moment on July 06, 2026 at 5:00 PM EDT. Silver is a precious metal traded globally, and its price fluctuates based on market supply, demand, and macroeconomic factors. The settlement uses the closing price of the 1-minute candlestick at that exact time.
Settlement is determined by comparing the 1-minute candlestick close price for silver on July 06, 2026 at 5:00 PM EDT against multiple price thresholds ranging from $58.00 to $67.75 USD per troy ounce, each in $0.25 increments. The close price represents the 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 specified time, the most recently available published data will be used to resolve the market.
Prediction market odds reflect real-money bets from traders and often diverge from traditional analyst forecasts because they incorporate live market sentiment and incentivize accuracy. While commodity analysts may publish price targets based on supply, demand, and macroeconomic models, this market aggregates the views of participants who have financial skin in the game. Comparing the implied probability here to published analyst consensus can reveal where the crowd sees upside, downside, or uncertainty that conventional forecasters may have missed or underweighted.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares corresponding to different silver price ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome's price reflects the supply and demand for that contract, with the bid-ask spread tightening as volume increases. Traders can enter limit or market orders to position themselves, and the platform's matching engine executes trades in real time, ensuring that prices stay aligned with the latest consensus on where silver will settle on the resolution date.
This market resolves around Jul 6, 2026, at which point the outcome is determined by verifying the actual silver price against credible public sources. Once the event occurs and the price is confirmed, the market will settle and winning positions will be paid out according to the contract terms. Traders holding shares in the correct outcome receive their winnings, while incorrect positions expire worthless.
Silver prices are sensitive to shifts in industrial demand, inflation expectations, US dollar strength, and central bank policy. Geopolitical tensions, mining disruptions, or changes in investment flows toward precious metals can trigger sharp repricing. Economic data releases, Federal Reserve communications, and movements in real interest rates often drive volatility. Additionally, any major shift in technology adoption (solar, electronics, or green energy) that affects silver demand, or supply shocks from key producing regions, could significantly move this market before the July 2026 resolution date.