Summary: Front-month Comex silver for August delivery rose 92.80 cents per troy ounce on Thursday, closing at $58.815. That represented a 1.60% gain for the session and the largest one-day dollar and percentage advance since Wednesday, July 22, 2026.
Thursday's settlement extended a brief upward sequence: silver has now registered gains in two straight sessions. Over those two trading days, the metal climbed a total of $1.519, equal to a 2.65% increase, which also constitutes the largest two-day dollar and percentage gain since Wednesday, July 22, 2026. Thursday's close was the highest settlement recorded since that same July 22, 2026 date.
Price positioning and performance metrics
At $58.815 per troy ounce, the August front-month contract sits substantially below its 52-week peak. Silver remains 48.89% below the 52-week high of $115.08 reached on Monday, January 26, 2026 - a level that also stands as the record settlement value for the metal. Conversely, the current price is 60.91% higher than the 52-week low of $36.552, which was recorded on Thursday, July 31, 2025.
The article's data also notes that, compared with prices 52 weeks ago, silver has risen 60.91%. For calendar year 2026 specifically, the metal sits 48.89% below the January 26, 2026 settlement high of $115.08 and stands 5.22% above its 2026 settlement low of $55.898 from Thursday, July 16, 2026. On a month-to-date basis, silver prices have declined 1.11%.
Context and limitations
The reported price moves and percentage changes are presented as recorded settlements. The article's figures establish recent short-term momentum - the largest single-day and two-day increases since July 22, 2026 - while also highlighting silver's continued distance from its 52-week and record highs. The piece does not provide commentary on underlying drivers for the price movement, and it confines its reporting to the settlement data and percentage comparisons cited above.
Implications for market participants
Traders, portfolio managers and participants in precious-metals markets can use the reported settlement levels and percentage changes to assess recent volatility and relative positioning against 52-week benchmarks. The data may also be of interest to sectors directly linked to precious metals pricing, including mining companies, metal-focused exchange-traded products, and commodities trading desks.