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Silver

Precious metals · Monthly series · TVC:SILVER

Latest, October 2026

49.11 USD (exchange quote)

-18.7% from September 2026

Open interactive chartSilver in the terminal

Forecast

Forecast for October 2027: 48.77 USD (exchange quote), with an 80% interval of 26.94 USD (exchange quote) to 88.43 USD (exchange quote).

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 202649.26 USD (exchange quote)38.67 USD (exchange quote)61.79 USD (exchange quote)
December 202649.16 USD (exchange quote)36.01 USD (exchange quote)66.38 USD (exchange quote)
January 202749.15 USD (exchange quote)39.74 USD (exchange quote)61.86 USD (exchange quote)
February 202749.17 USD (exchange quote)42.74 USD (exchange quote)58.35 USD (exchange quote)
March 202749.08 USD (exchange quote)43.94 USD (exchange quote)56.67 USD (exchange quote)
April 202748.98 USD (exchange quote)38.84 USD (exchange quote)64.76 USD (exchange quote)
May 202748.91 USD (exchange quote)42.12 USD (exchange quote)59.39 USD (exchange quote)
June 202748.88 USD (exchange quote)35.47 USD (exchange quote)70.48 USD (exchange quote)
July 202748.96 USD (exchange quote)31.68 USD (exchange quote)77.19 USD (exchange quote)
August 202748.82 USD (exchange quote)24.33 USD (exchange quote)90.65 USD (exchange quote)
September 202748.92 USD (exchange quote)26.44 USD (exchange quote)88.20 USD (exchange quote)
October 202748.77 USD (exchange quote)26.94 USD (exchange quote)88.43 USD (exchange quote)

Model: Timestral (foundation model). Forecast generated 2026-11-04.

AI confidence

Needs refresh

The data refresh is due. Confidence will be reassessed against the refreshed history.

Model: Timestral (foundation model)

How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Model comparison

4 of 4 models evaluatedModels are selected on older tests and evaluated on separate recent tests. All four classes completed their backtests.

Models tested

Timestral scored lowest on the 6 older tests (1.00) and was chosen. The 6 recent tests played no part in the choice and give its grade (1.01). The search for a model that beats the naive forecast on both sets of tests goes on. Scores are MASE: a model's errors divided by the naive forecast's, so 1 is a tie.

4 model classes completed the tests: Foundation model, Statistical, Neural network, Machine learning.

Every model tested on this series.
ModelClass / libraryOlder testsRecent testsRole
Timestral (foundation model)Foundation model · Timestral · GPU1.001.01Serving
Naive forecast (last value held)Benchmark · CPU1.001.00Benchmark
AutoETS (statistical)Statistical · StatsForecast · CPU1.040.95Tested
N-HiTS (neural network)Neural network · NeuralForecast · CPU1.220.97Tested
CatBoost (machine learning)Machine learning · MLForecast · CPU1.270.89Tested

Reading

It is above 91% of the 119 earlier readings since November 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
October 202649.11 USD (exchange quote)
September 202660.43 USD (exchange quote)
August 202666.50 USD (exchange quote)
July 202657.58 USD (exchange quote)
June 202658.51 USD (exchange quote)
May 202675.29 USD (exchange quote)
April 202673.72 USD (exchange quote)
March 202675.14 USD (exchange quote)
February 202693.76 USD (exchange quote)
January 202685.31 USD (exchange quote)
December 202571.61 USD (exchange quote)
November 202556.40 USD (exchange quote)
October 202548.66 USD (exchange quote)
September 202546.66 USD (exchange quote)
August 202539.69 USD (exchange quote)
July 202536.69 USD (exchange quote)
June 202536.07 USD (exchange quote)
May 202532.98 USD (exchange quote)
April 202532.57 USD (exchange quote)
March 202534.09 USD (exchange quote)
February 202531.12 USD (exchange quote)
January 202531.30 USD (exchange quote)
December 202428.89 USD (exchange quote)
November 202430.62 USD (exchange quote)

Source

Data: TVC feed via TradingView.

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