Silver price rebound: reaches highest levels since February

PanicSeller69 · 2026-02-28T06:04:47+00:00

The price of silver has risen significantly, reaching $87 per ounce, marking a notable increase in demand. This demonstrates a strengthening of confidence in precious metals as safe assets.

PanicSeller69

2026-02-28 06:04:47

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Silver prices have experienced a significant rally in recent sessions, reaching $87 per ounce. This is the highest level since February 5th, marking an important milestone in the precious metals markets. According to Jin10 data, this surge in silver prices reflects a notable recovery in demand for the white metal.

During the day, prices rose by 2.87%, consolidating the upward trend. At the same time, silver futures contracts in New York also reached $87 per ounce, showing a more pronounced increase of 5.66% over the same period. This divergence between the two references indicates significant activity in the futures markets.

The behavior of silver prices at these levels reflects a strengthening of confidence in precious metals as safe-haven assets. The convergence of spot and futures prices toward recent highs suggests that traders maintain optimistic expectations about the short-term evolution of this commodity.

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