economy
Current Price of Silver as of Friday, Aug. 28, 2026
At 6:30 a.m. Eastern Time today, silver exchanged hands at $70.62 per ounce. That’s a $2.28 uptick from 24 hours ago and more than a $31 gain over the past year.
TL;DR
- Silver price reached $70.62 per ounce, showing substantial gains over the last year.
- Historically, silver has underperformed the S&P 500 but serves as a hedge against inflation.
- Silver's price sensitivity is higher than gold due to its industrial applications.
- Investment options include physical bullion, coins, ETFs, and mining stocks.
- Scarcity of supply and growing demand from industrial uses and investors are driving silver's price up.
- Financial advisors suggest limiting precious metal exposure to 10-15% in silver and 20% overall.