economy
Current price of silver as of Wednesday, Aug. 19, 2026
As of 6:30 a.m. Eastern Time, silver traded at $63.26 per ounce. That’s down $1.86 from yesterday at this hour—but represents a gain of more than $25 over the past 12 months.
TL;DR
- Silver is trading at $63.26 per ounce as of August 19, 2026, up significantly over the past year.
- Historically, silver underperforms stocks but serves as a store of value and inflation hedge.
- Silver prices are more volatile than gold due to industrial demand for products like solar equipment and healthcare devices.
- Investment methods include physical silver (bars, rounds, coins, jewelry), silver mining stocks, and silver-backed ETFs.
- Spot silver refers to the live market rate for immediate transactions.
- Price spread is the difference between the buying (ask) and selling (bid) prices; a narrower spread indicates high demand.
- Silver has surged over 150% in the past year, reaching multi-decade highs.
- Investing in silver may be prudent for those concerned about inflation or anticipating rising industrial demand.
- Other precious metals like gold, platinum, and palladium are also listed with their current prices.
- A common portfolio allocation suggestion for silver is 10-15%, with total precious metals not exceeding 20%.
- IRA-eligible silver coins and bars (99.9% pure) can be held in an IRA, but lower-purity coins are not permitted.