Silver (XAGUSD) Up or Down on May 8?
Probability
99¢
1h
+3.7pp
24h
+49.0pp
24h Vol
$13.3K
Liquidity
$15.5K
Canonical status
confidence: highSource status (Polymarket)
Derived status (Orrery)
Reason
YES price is near 100¢ but the market has not been officially resolved.
Treat as effectively priced-in, not settled. The market is still live until expiry.
Resolution & Risk
HIGH risk- End date
- May 8, 2026
- UMA status
- n/a
- Resolution source
- PrimaryPyth futures price feedLinkTypeCommodity price feed / futures dataConfidenceextracted · high
- Market type
- Binary
- Market expires May 8, 2026 — dispute window active.
Probability (last 7 days)
+0.0pp 7dWhy did it move?
Structured · 3 factors- 01Price move
Up 49pp over 24h
Now 99¢; +3.7pp in the last hour.
- 02Active signal
Resolution-risk observation firing
Expires in 2h.
- 03Liquidity
Thin liquidity
Only $15.5k of visible book — small orders can move the line. Treat the probability as a soft estimate.
What to track next
- Verify the resolution source on this page — exchange feed, official release, news consensus — before treating any move as new information.
- Set an alert for resolution status changes — expiry is in 2 hours.
Verification actions only — never trade recommendations.
Each factor is grounded in a single named metric you can verify on this page — probability, volume, liquidity, signal, resolution state. No predictions, no prose hallucinations.
Resolution & Risk
HIGH risk- End date
- May 8, 2026
- UMA status
- n/a
- Resolution source
- PrimaryPyth futures price feedLinkTypeCommodity price feed / futures dataConfidenceextracted · high
- Market type
- Binary
- Market expires May 8, 2026 — dispute window active.
Timeline
critical · price · trade flowCritical
- 21:00ResolveHIGH
Market resolves in 2.0h
- 19:02SignalLOW
Resolution risk
Expires in 2h.
Price movement
+49.0pp over the last 24h, now 99¢.
Active signals
Recent Trades
No recent trades visible from the Data API for this market. That usually means liquidity is thin or this market is between event windows.
Related Markets
2Market Description
This market will resolve to "Up" if the Close price for Silver (XAGUSD) on May 8, 2026 is higher than the Close price for Silver (XAGUSD) on the most recent prior trading day. This market will resolve to "Down" if the Close price for Silver (XAGUSD) on May 8, 2026 is lower than the Close price for Silver (XAGUSD) on the most recent prior trading day. E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless Friday were not a trading day under the applicable trading-hours schedule, in which case it would refer to the next most recent prior trading day. If the two specified closing prices are exactly equal, this market will resolve 50-50. Closing prices will be used exactly as published by Pyth, without rounding. If Silver (XAGUSD) does not trade at all during the relevant trading session, the market will resolve 50-50. Trading days will be determined according to the applicable trading-hours schedule as listed on Pyth. Under the standard schedule, trading is open from 6:00:00 PM ET Sunday through 5:00:00 PM ET Friday, with a daily break from 5:00:00 PM ET to 6:00:00 PM ET, except where modified by holiday or special-session hours trading-hours as listed on Pyth. If a listed date is not a trading day under the applicable trading-hours schedule as listed on Pyth, this market will resolve 50-50. For each trading day, the closing price refers to the Pyth "Close" value of the 1-minute candle timestamped 4:59 PM ET on that date. If either of the relevant days has no valid Pyth Close value for the 1-minute candle timestamped 4:59 PM ET, the market will use the last valid Pyth price achieved prior to 4:59 PM ET during that trading day as the effective closing price. If no valid Pyth price exists for that trading day due to a system outage, data failure, or other technical disruption, the closing price for that day may be determined using the official daily close price of the CME COMEX Silver Futures (SI) futures contract for that trading day. Only prices achieved during the applicable trading session will be considered. In the event of a contract specification change, feed change, or similar structural modification affecting the market during the listed time frame, this market will resolve based on adjusted prices as displayed on Pyth. The resolution source for this market will be Pyth, specifically the "Close" values for the relevant 1-minute candle available at https://pythdata.app/explore/Metal.XAG%2FUSD. Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.
Why this category?
confidence: lowCategory
Source
Reason
No override, sports marker, rule, or upstream hint matched. Market is unclassified — the keyword rules need an entry for this topic.
Categories come from a deterministic engine: manual overrides (highest priority) → sports hard markers → event-tag rules → keyword rules → Gamma category hint → default. The engine is versioned in category-overrides.ts; methodology lives at /methodology.
FAQ — questions readers actually ask
What is the current Polymarket probability for "Silver (XAGUSD) Up or Down on May 8?"?
As of Fri, 08 May 2026 19:02:57 GMT, YES is priced at 99% implied probability on Polymarket. The price changed +49.0pp in the last 24 hours, +3.7pp in the last hour, and +0.0pp in the last 7 days.
When does this market resolve?
This market resolves by May 8, 2026 (2026-05-08T21:00:00.000Z). Resolution is determined from https://pythdata.app/explore/Metal.XAG%2FUSD.
What source determines the outcome?
Resolution is sourced from https://pythdata.app/explore/Metal.XAG%2FUSD. Polymarket's UMA optimistic oracle is the final settlement layer; if the published source is ambiguous, UMA tokenholders adjudicate. Source-extraction confidence is shown in the Resolution & Risk block above.
How much is being traded on this market?
$13.3K of trading volume in the last 24 hours. Lifetime volume on Polymarket: $13.3K. Open liquidity in the YES/NO orderbooks: $15.5K. Spread between best bid and best ask: 1.8¢.
Is this a trade recommendation?
No. Orrery describes — never predicts. Every signal on this market carries explicit Evidence, Backtest, and Action tiers. The Action is always one of: Watch only, Inspect timeline, Create alert, Verify source, or Ignore — never Buy or Sell. The probability above is the market's collective implied probability, not a forecast Orrery is publishing.
How fresh is this data and where does it come from?
This page revalidates from the public Polymarket APIs every 30 seconds. Probability and 24h-change come from Gamma; the chart series comes from the CLOB orderbook history; trade and holder data come from the Data API. The fetched-at timestamp on each block tells you exactly how old the underlying upstream pull was.
Alerts
In-app banners fire as soon as a rule is satisfied. Email, Telegram, and Discord delivery are coming soon — every existing rule will keep working without changes.