TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 25, 5:00 PM EST
Kalshi
The outcome depends on the precise closing price of silver at a specific moment, reflecting potential volatility and market conditions at that instant.
Multiple markets are defined, each resolving to 'Yes' if the closing price of the 1-minute candlestick for silver at 5:00 PM EDT on September 25, 2026, exceeds a specific threshold, ranging incrementally from $44.99 to $83.99 per troy ounce. All markets share consistent secondary rules: the settlement value is rounded to the nearest two decimal places, with the closing price determined at the end of the immediately preceding one-minute interval (e.g., the 4:59 PM candlestick closes at 5:00 PM). If data for the specified timestamp is unavailable, the most recent published data is used to resolve all affected markets.
On Kalshi, this market is priced through a continuous double auction, where traders buy and sell contracts representing their beliefs about the future silver price. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each contract reflects the probability of that specific outcome occurring. As more traders participate and new information becomes available, the prices adjust, providing a dynamic forecast. The current market reflects traders' expectations, influenced by factors like economic indicators, geopolitical events, and supply and demand dynamics for silver. This creates a forward-looking assessment of the silver price.
This market resolves around Sep 25, 2026, with the outcome confirmed once the silver price at 5:00 PM EDT on September 25, 2026, is verifiable from credible public reporting. The final price will be sourced from a widely recognized exchange to determine the settlement. Traders holding contracts corresponding to the correct price range will receive a payout, while those holding contracts on incorrect outcomes will not. This ensures a transparent and objective resolution process based on publicly available data.
Several factors could significantly influence this market before September 25, 2026. Major economic reports related to inflation, interest rates, and industrial demand for silver could all cause price fluctuations. Geopolitical events, such as trade wars or political instability, can also impact silver's safe-haven demand. Unexpected supply disruptions from major silver-producing countries, or significant shifts in investor sentiment towards precious metals, could also move this market. Monitoring these events will be crucial for understanding potential price movements.