Comex Silver Prices Rose to $60.73
Front month silver contracts settled at $60.725 per troy ounce following a 1.04% daily increase.
Updated on Oct. 1, 2026 in Inflation
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Comex Silver for October delivery reached $60.725 per troy ounce after rising 62.70 cents. The commodity recorded a one-day gain of 1.04%.
Why it matters
Silver prices remain volatile as they navigate significant gaps between annual lows and previous record peaks. Investors continue to monitor these fluctuations against the broader backdrop of year-to-date market declines.
Silver prices are currently 32.01% higher than the 52-week low but remain 47.23% below the record high set in January 2026. The year-to-date performance shows a decline of 13.42%.
The players
Comex
Comex is a major commodities exchange that functions as a division of the Chicago Mercantile Exchange.
The details
Silver price calculations are based on the front month contract settlement price on the Comex exchange. The metal has seen recovery efforts, sitting 8.64% above the 2026 settlement low point.
Timeline
October 2, 2025: Silver hit a 52-week low of $46.00.
January 26, 2026: The asset reached its record high.
July 16, 2026: The price hit a 2026 settlement low.
October 1, 2026: Front month Comex silver settled at $60.725.
Macro View
This price movement follows a recovery pattern established since the 2026 settlement low. Current trends mirror historical volatility cycles often observed in precious metal markets following record-high valuations.
The current silver price volatility directly influences the cost of raw materials for industrial manufacturers and retail precious metal buyers. Readers tracking portfolios or metal-based goods may see these shifts reflected in broader inflationary indexes.
The takeaway
Precious metals often experience sharp daily corrections as they move away from annual lows. Investors should remain cautious of the wide delta between current pricing and previous record highs.
Further reading
For broader context on price volatility, visit our Inflation section.
Source note: This article includes information reported by Morningstar.
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