Silver prices near $81 per ounce in mid-May 2026 reflect a market balancing acute structural deficits against shifting monetary signals. Six consecutive years of undersupply, projected at roughly 46 million ounces for 2026, continue to tighten physical inventories, supported by robust industrial offtake in solar photovoltaics, electric vehicles, and electronics. A May 11 US-China tariff truce triggered a brief 6% rally, but hotter-than-expected April CPI at 3.8% quickly pushed Fed rate-cut odds for June below 10%, redirecting expectations toward September or later and capping near-term upside. Traders now focus on the June 11 CPI release and June 16-17 FOMC meeting for clarity on the dollar and real yields, which remain key swing factors for the June futures settlement.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedSilver (SI) above ___ end of June?
$261,504 Vol.
$140
3%
$120
9%
$110
14%
$100
16%
$95
24%
$90
26%
$85
31%
$80
41%
$75
64%
$70
75%
$65
82%
$60
91%
$261,504 Vol.
$140
3%
$120
9%
$110
14%
$100
16%
$95
24%
$90
26%
$85
31%
$80
41%
$75
64%
$70
75%
$65
82%
$60
91%
For CME Silver (SI) futures contracts, the Active Month is the nearest of CME's designated delivery-cycle months (March, May, July, September, December) that is not the spot month. The Active Month becomes a non-active month effective on its First Position Date, at which point the next eligible contract month becomes the Active Month.
Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count.
Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract.
Only days during June on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored.
This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates.
The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Silver (SI) futures.
Market Opened: Dec 26, 2025, 6:28 PM ET
Resolver
0x65070BE91...For CME Silver (SI) futures contracts, the Active Month is the nearest of CME's designated delivery-cycle months (March, May, July, September, December) that is not the spot month. The Active Month becomes a non-active month effective on its First Position Date, at which point the next eligible contract month becomes the Active Month.
Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count.
Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract.
Only days during June on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored.
This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates.
The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Silver (SI) futures.
Resolver
0x65070BE91...Silver prices near $81 per ounce in mid-May 2026 reflect a market balancing acute structural deficits against shifting monetary signals. Six consecutive years of undersupply, projected at roughly 46 million ounces for 2026, continue to tighten physical inventories, supported by robust industrial offtake in solar photovoltaics, electric vehicles, and electronics. A May 11 US-China tariff truce triggered a brief 6% rally, but hotter-than-expected April CPI at 3.8% quickly pushed Fed rate-cut odds for June below 10%, redirecting expectations toward September or later and capping near-term upside. Traders now focus on the June 11 CPI release and June 16-17 FOMC meeting for clarity on the dollar and real yields, which remain key swing factors for the June futures settlement.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated

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