TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 28, 5:00 PM EST
Kalshi
This set of markets tracks the precise closing price of silver at a specific moment, using minute-by-minute trading data. Each market has a different threshold, allowing participants to assess the likelihood of silver reaching various price points at that exact time.
All markets resolve based on the closing price of the 1-minute candlestick for silver at 5:00 PM EDT on September 28, 2026. The settlement value is determined by rounding the closing price to the nearest two decimal places. The closing price refers to the price at the end of the immediately preceding one-minute interval—for example, the candlestick timestamped 4:59 PM reflects trading activity from 4:59:00 PM to 4:59:59 PM and closes at 5:00:00 PM. If the specified source agency fails to publish data for the exact time, the most recently available published data will be used to determine the outcome. Each individual market resolves to 'Yes' if the closing price exceeds its specified threshold; otherwise, it resolves to 'No.'
Currently, it's difficult to directly compare the predictions within this market to traditional analyst forecasts. While analysts provide price targets based on fundamental and technical analysis, this market reflects the collective wisdom of traders expressing their beliefs with real capital. Discrepancies can arise due to differing methodologies and information sets. If analyst expectations consistently diverge from the price action in this market, it could signal opportunities for informed traders. It’s important to remember that both approaches represent different forms of forecasting.
On Kalshi, this market is priced using a continuous double auction. Traders buy and sell contracts representing their belief about whether the silver price will be above or below a certain level at the specified time. The prices of these contracts dynamically adjust based on supply and demand, creating an implied probability distribution for the final silver price. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The more traders believe a particular outcome is likely, the higher the price of contracts betting on that outcome will rise, and vice versa.
This market resolves around Sep 28, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the settlement will be based on the London Bullion Market Association’s (LBMA) official silver price at 5:00 PM EDT on September 28, 2026. This price is a widely recognized benchmark for silver trading and provides a transparent and reliable source for determining the market’s outcome. Traders should monitor this benchmark as the resolution date approaches.
Several factors could significantly influence the silver price market. Major economic reports, such as inflation data and interest rate decisions from the Federal Reserve, often impact precious metal prices. Geopolitical events, including trade disputes or political instability, can also drive demand for safe-haven assets like silver. Industrial demand for silver, particularly in the technology and renewable energy sectors, is another key driver. Unexpected supply disruptions, such as mine closures or production cuts, could also move this market substantially.