Silver soared to $87 per ounce: a one-month record

UncleLiquidation · 2026-02-28T14:09:06+00:00

Precious metals, particularly silver, have shown remarkable price increases recently. Spot silver surged to $19.28374656574839201 per ounce, a notable rise reflecting renewed investor interest and market reevaluation. New York futures saw an even higher increase of 5.66%, indicating strong expectations for further price hikes as demand for safe assets grows.

UncleLiquidation

2026-02-28 14:09:06

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Precious metals have shown impressive momentum. Spot silver surged sharply, demonstrating activity not seen in recent weeks. According to the analytical platform Jin10, the white metal reached $87 per ounce, a significant jump from the levels adjusted in February.

Spot Silver Breaks Psychological Level

The market movement today was powerful: the price increased by 2.87% at the time of the report. This jump brought silver back to levels not seen since the beginning of the month, when prices were noticeably lower. Investors are actively re-evaluating their positions in precious metals, reflected in both physical supplies and financial instruments.

New York Futures Show More Rapid Growth

An even more impressive picture is painted by the behavior of silver futures contracts on the American exchange. The New York futures also consolidated around $87 per ounce, but the growth rate was significantly higher — 5.66% in one day. This divergence between the spot market and futures indicates rising expectations for further appreciation of the white metal.

The current dynamics demonstrate renewed interest in precious metals. Such activity levels are rarely seen per ounce of silver, indicating that the market is re-evaluating macroeconomic risks and increasing demand for safe-haven assets.

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