Silver Market Tracker

A resource for tracking Silver market data across global exchanges. Compares COMEX and Shanghai Gold Exchange prices, provides technical analysis of silver futures, and monitors COMEX vault inventory levels.

Last updated: Apr 09, 2026 07:00 AM CT

COMEX Vault Inventory

Daily COMEX silver vault stocks from CME Group delivery reports. Tracks Registered (available for delivery), Eligible (meets exchange standards but not available), and Combined totals. The "Days to Zero" metric estimates when Registered inventory would be depleted at the current withdrawal rate. Updated weekdays at 3:15 PM Central.

Registered 76.5M oz -2,650,968.29 oz (-3.35%)
Eligible 254.9M oz +2,012,281.63 oz (+0.80%)
Combined Total 331.5M oz -638,686.66 oz (-0.19%)
Days to Zero (Registered) 91 days
Report: 3/24/2026 | Activity: 3/23/2026
COMEX Silver Vault Inventory - 2 Week Trend

SGE vs COMEX Price Comparison

Tracks the price differential between Shanghai Gold Exchange silver benchmarks and COMEX spot silver (XAG/USD). The SGE premium reflects physical demand in China relative to Western paper markets. Updated twice daily after SGE close (3:45 PM Beijing) and at US market open (9:45 AM Eastern).

COMEX Silver (XAG/USD) $74.00
SGE Silver (Shanghai) $86.39 18,974 CNY/kg
SGE Premium +16.75% +12.40/oz
FX Rate 1 USD = 6.83 CNY
10-Day COMEX Trend +0.88%
Data as of 2026-04-08
SGE vs COMEX Silver Price Comparison - 10 Day Trend

Technical Analysis

60-day candlestick chart for COMEX Silver Futures (SI=F) with key technical indicators including Simple Moving Averages (20/50/200), Relative Strength Index (RSI-14), MACD (12/26/9), and Bollinger Bands (20,2). Updated daily at 5:45 PM Central after US market close.

Thesis Moderately Bearish
The technical picture leans bearish. Most indicators suggest downside pressure, but some support factors remain.
Price $74.25 +3.4% (Vol: 54,886)
Trend Bearish trading below all major SMAs
RSI (14) 47.4 neutral
MACD (12, 26, 9) Bullish, histogram expanding
Bollinger Bands Mid-range, neutral
Key Factors
Price below all major moving averages
RSI neutral at 47.4
MACD bullish with expanding momentum
Data as of April 08, 2026
COMEX Silver Futures Technical Analysis - 60 Day Chart

COT Positioning (CFTC)

Weekly Commitments of Traders report from the CFTC showing speculative (managed money / large speculators) and commercial (hedger) net positioning in COMEX silver futures. Extreme speculative positioning often precedes reversals. Data released Fridays for Tuesday positions.

Net Speculative +22,260 contracts Weekly: -1,743
Net Commercial -41,080 contracts Weekly: +1,267
Open Interest 125,454 Weekly: -6,042
Positioning Moderately Short
Speculators have reduced long positions or added shorts. This often precedes a contrarian bounce in silver prices.
Tuesday positions as of February 24, 2026 (26-week analysis)
CFTC Silver Futures COT Positioning - 26 Week Trend

US Dollar Index (DXY)

The US Dollar Index measures the value of the US dollar against a basket of six major currencies (EUR, JPY, GBP, CAD, SEK, CHF). A stronger dollar generally creates headwinds for silver prices, as it makes the metal more expensive in other currencies. Updated daily at 5:45 PM Central.

DXY Close 99.01
Daily Range 98.53 – 99.18
Daily Change -0.65 -0.65%
14-Day Trend -0.49 -0.50%
Silver Impact Weak dollar — tailwind for silver
Data as of 2026-04-08
US Dollar Index (DXY) - 2 Week Trend