Crusader Kings III: Silk & Silver is a major expansion set to launch in mid-November 2026, adding merchant republics like Venice and Genoa and expanding gameplay around trade empires.

Paradox Interactive has announced the release date for Silk & Silver, with a PC launch on November 17, 2026 and a broader rollout to follow, including a trailer and Steam page.

The expansion focuses on economy, commerce, and government mechanics, introducing Trade Posts, Trade Leagues with other Republics, and new governance features for wealth-driven power.

New playable merchant roles unlock bonuses through three specializations—Caravaneer, Creditor, and Artisan—while players pursue monopolies or trade leagues and invest in mansion expansions to grow networks.

Pricing details place Silk & Silver at $29.99 (with regional equivalents), and it is included in the Chapter V expansion pass.

Players can influence economic specialization (naval trade, populism, or noble class expansion), shape laws and customs with a constitution, and pursue various foreign trade strategies.

Italy-specific flavor includes civic carnivals and the Guelphs vs. Ghibellines conflict, reflecting northern Italian political rivalries and republic culture.

A teaser trailer celebrating the announcement provides a first look at the expansion's themes of economy, trade, and political power.

The expansion emphasizes trade-focused play and republic governance, but does not add naval warfare, due to balancing and system considerations.

Two bookmarks offer historical starts: 1066 – Channels of Commerce and 1178 – Guelphs & Ghibellines, highlighting trade networks and Italian conflicts.

Pricing and availability note that Silk & Silver is priced at $29.99 / €29.99 equivalents and is part of the Chapter V expansion pass.

Republic government mechanics empower leadership control, assemblies, laws, and patrician influence to steer trade, governance, and expansion.