Silver Surges Past $86 as COMEX Stocks Plunge Below 80M Oz
Silver Surges Over $86 Amid Volatile Trading
Silver has roared back to life this afternoon, surging over $86 per ounce as it experiences significant momentum in what has been described as an eventful 24 hours for the metal.
Verified: Market data shows silver prices reaching above $86 with gains of up to 3% on March 9, 2026, trading in the $85-$87 range per sources like Trading Economics and APMEX reports, consistent with recent volatility and recovery.
COMEX Registered Silver Inventory Drops Below 80 Million Ounces
COMEX registered silver fell below 80 million ounces after another 2.9 million ounces were removed from vaults, including major withdrawals from Asahi, Brinks, CNT, and others, with total COMEX silver also declining sharply.
Verified: Official CME Group Metal Depository Statistics confirm the exact figures: registered silver adjusted to 79,988,594.147 oz following the reported withdrawals totaling the net decline of approximately 1.745 million oz in registered category.
Silver Technical Breakout Prompts 'Buy Silver, Do Nothing' Strategy
Silver is breaking out on charts with no way out but higher prices, reinforcing the long-term strategy of buying silver and holding regardless of short-term price fluctuations, as highlighted in recent technical commentary.
Verified: Technical analyses and market commentary support breakout patterns in silver amid strong 2026 performance and structural deficits, aligning with physical demand and inventory pressures driving higher prices.