Silver’s vendor-labelled December 2026 futures contract stood at $64.995 per troy ounce in Yahoo Finance’s delayed quotation timestamped 08:52:15 UTC (14:22:15 IST) on September 16. The precision matters: rounding the observation to $65 would discard half a cent per ounce.
A larger percentage gain than gold
The captured session range was $63.940 to $65.415. The quote lay $0.420 below the high and $1.055 above the low. Its position was approximately 71.5% of the way through that $1.475 range, a description of the snapshot rather than a signal for the next trade.
The December contract’s dated September 15 reference was $63.856, giving a $1.139 increase, or 1.78%. The matching SIZ26 contract history resolves the ambiguity in a generic rolling series. Gold’s December observation one second later was up 0.81%, so silver’s percentage gain was about 0.97 percentage point larger in this comparison.
Silver’s multiplier and dollar exposure
CME’s standard SI contract represents 5,000 troy ounces. Multiplying the observed price by that quantity gives a notional value of $324,975. The reported high-to-low span corresponds to $7,375 per standard contract before transaction costs. Neither figure is a required margin deposit or a guaranteed achievable profit.
Silver futures are distinct from a silver coin’s retail price, which includes product-specific costs and premiums. A larger percentage advance than gold does not establish the cause or guarantee that relative performance will persist. The source quote is delayed and does not represent a completed September 16 settlement; the calculations and explanation are AI-assisted, general financial reporting.