Silver CME Settlement Data
Official CME daily statistics for silver futures (SI): settlement price, open interest, cleared volume and the reference fixing price — the exchange's authoritative end-of-day numbers.
CME Settlement Data
About this data
This page carries the official end-of-day statistics CME Group publishes for the front-month COMEX silver futures contract: the daily settlement price, open interest, cleared volume and the CME silver marker (shown as the fixing price), in US dollars per troy ounce and in contracts. The settlement is the number the market's plumbing runs on: every open position is marked to it, margin is computed from it, and physical deals priced off COMEX usually reference it. A first interpretive rule: a settlement rising on rising open interest means new longs are being established; a settlement rising on falling open interest means shorts are being covered, which tends to run out of fuel sooner.
Source: CME Group official daily statistics for COMEX silver futures (GC for gold, SI for silver) via CME's Smart Stream feed. One release per trading day after the close; WatchGold records each figure as it arrives, so the latest row may be partial until final.
Frequently asked questions
- What is the CME silver settlement price and how is it set?
- It is the official daily closing value CME Group assigns to each silver futures contract. Exchange staff derive it from CME Globex trading in a short settlement window in the early New York afternoon (the exact window differs between GC and SI), falling back to bids and offers or calendar-spread relationships when there are no trades. It is not the last trade of the day, which comes hours later at the 5:00 pm ET Globex close.
- What is the difference between the settlement price and the fixing price on this chart?
- The fixing line is the CME silver marker: a two-minute volume-weighted average of front-month trades on Globex, timed to coincide with the LBMA auction (3:00 pm London for gold, noon London for silver). The settlement is set hours later in New York. Both are official CME reference prices; the marker is the closer comparison to the London benchmark, while the settlement is the number positions are marked against.
- How do I read open interest and cleared volume alongside the silver settlement?
- Volume counts contracts traded during the session; open interest counts positions still open at the end of it. Both are in contracts: 100 troy ounces for GC, 5,000 for SI. Price and open interest rising together means fresh buying; price up on falling open interest is short covering; price down on rising open interest is new selling; price down on falling open interest is long liquidation. A volume spike with unchanged open interest is usually the roll, not new conviction.