Silver (SI) March (H) contract study: year-by-year results, the day-by-day shape of the move and where highs and lows printed.
Contract Almanac · Silver (COMEX)
Every March silver contract 2011–2026, measured over its tenure as the lead contract · Typically leads Nov 28 – Feb 25
The March contract is silver’s long winter seat, holding the board from early December to late February, and it is the crown of the silver almanac: 11 of 16 higher (69%) with a +8.5% average, and this year it printed the single largest tenure gain in our entire study, +68% through the great silver run of early 2026.
Each year is one contract, measured from the open of the day it took over the lead to the close of the day it handed off, the same roll convention used across all Traders Brief research. A silver contract holds the lead for roughly two months, and the March and December contracts closer to three, so tenures run 40 to 70 trading days, far longer than an energy tenure — these are seats, not months, and the day counts read accordingly. All highs and lows are the contract’s own trades, marked by trading day of the tenure, not calendar day.