Spot silver falls below $87 an ounce, down 1.53% on the day

Spot silver falls below $87 an ounce, down 1.53% on the day

According to Bybit, spot silver dropped under the $87-per-ounce level during the session, marking a 1.53% daily decline.

Fact Check
The claim that spot silver fell below $87 on March 12, 2026, is supported by Trading Economics, which recorded a price of $85.26 on that day. While the exact percentage drop (1.53%) varies slightly between sources (Trading Economics noted a 0.56% drop from their previous close), the core event of silver falling below the $87 level is corroborated by high-authority financial data providers.
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Terms & Concepts
  • Spot market: A market where assets are bought or sold for immediate delivery at the current price.
  • Ounce: A standard unit used in precious metals pricing, typically referring to a troy ounce.