Silver
SI=FSIZ26.CMXUpdated 07:45:20 UTC · refreshes every 60s
Implied Opening Price
60.83▼
−0.37−0.60%
1σ 60.25 – 61.42VIX 15.4%
Spot vs Implied Open
Cost-of-Carry Model
Full methodology →Model Inputs
| Variable | Value | Source |
|---|---|---|
| Futures Price (F) | 61.20 | SIZ26.CMX |
| Spot Price (S) | 61.20 | SI=F |
| Risk-Free Rate (r) | 4.16% | US Treasury 3-month bill |
| Storage Cost (q) | 0.25% | Estimate |
| Time to Expiry (t) | 49.5d | Nov 30, 2026 |
About this instrument
Silver tracks the front-month SI=F futures contract and compares it with the next contract when available. The carry model includes financing and an estimated storage-and-insurance cost of 0.25% per year.
A higher next-contract price is contango; a lower one is backwardation. The curve describes prices for different delivery dates, not a guaranteed future spot price. See the methodology for the carry model and its limitations.
This is not financial advice.← Back
