TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
$
Silver commodity prices are tracked on June 01, 2026 at 5:00 PM EDT, with outcomes determined by where the closing price falls within a range of price levels.
Prediction market odds on Kalshi reflect real-time consensus from active traders and can differ meaningfully from traditional analyst forecasts. While commodity analysts rely on fundamental models—supply disruptions, industrial demand, geopolitical factors, and macroeconomic trends—prediction markets aggregate dispersed information and incentivize accuracy through financial stakes. Comparing the market's implied probability to published analyst price targets and consensus estimates helps identify where traders and experts diverge, potentially signaling underpriced or overpriced outcomes relative to expert opinion.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, the silver price contract is priced as a binary outcome: will the closing price exceed $70 per troy ounce at the specified time? The current implied probability reflects the collective bids and asks of traders. Prices move as new information arrives—Fed policy shifts, inflation data, industrial production reports, or geopolitical developments affecting precious metals demand. Traders buy or sell shares to express conviction, and the market price continuously adjusts to balance supply and demand for each outcome.
The market resolves on Jun 1, 2026, at which point the outcome is determined by the actual silver closing price at 5:00 PM EDT on June 01, 2026. The contract settles based on verified price data from the specified time and venue. Traders holding shares in the winning outcome receive their payout, while losing shares expire worthless. Resolution timing is fixed and non-negotiable, ensuring all participants know exactly when and how the event will be adjudicated.
Silver prices respond to multiple catalysts: Federal Reserve interest-rate decisions and inflation data, which affect real yields and precious metals demand; industrial production and manufacturing PMI reports, since silver is used in electronics and solar panels; geopolitical tensions or supply disruptions affecting mining regions; US dollar strength, which inversely correlates with commodity prices; and broader equity market volatility, which can drive safe-haven flows into metals. Unexpected economic shocks, policy announcements, or shifts in inflation expectations could all move the market significantly before June 2026.