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Silver

SI=FSIU26.CMX
Updated 05:03:18 · refreshes every 60s
Implied Opening Price
69.65
−0.03−0.04%
69.0270.29VIX 14.5%
Spot vs Implied Open
Cost-of-Carry Model
Full methodology →
Model Inputs
VariableValueSource
Futures Price (F)69.68SIU26.CMX
Spot Price (S)69.68SI=F
Risk-Free Rate (r)3.78%US Treasury 3-month bill
Storage Cost (q)0.25%Estimate
Time to Expiry (t)3.6dAug 31, 2026
About this projection

The Silver implied open tracks the front-month SI=F futures contract, adjusted for cost of carry: the USD risk-free rate plus an annualized storage-and-insurance estimate of roughly 0.25% per year, discounted over the time to contract expiry.

Commodities have no dividend stream, so storage cost takes yield's place in the fair-value formula. The projection refreshes continuously while futures trade; the methodology page has the full derivation.

This is not financial advice.← Back