As of 8:30 a.m. Eastern Time on January 21, 2026, the price of silver is $94.12 per ounce. This marks a decrease of $1.20 from the previous day but signifies a remarkable increase of over $63 compared to one year ago.
Current Trends in Silver Prices
- Price Change: Silver down $1.20 from yesterday.
- Price Yesterday: $95.32 per ounce, reflecting a 1.25% decline.
- Price One Month Ago: $67.46, which is an increase of 39.51%.
- Price One Year Ago: $30.83, representing a substantial growth of 205.28%.
Historical Performance of Silver
Historically, silver has not performed as well as stocks. Since 1921, it has underperformed the S&P 500 by around 96%. This disparity highlights that an investment in silver would now be worth significantly less than an equivalent investment in stocks. Despite this, silver is valued for its stability and its role as a hedge against inflation.
What Influences Silver Prices?
Silver prices fluctuate due to various factors, including industrial demand. Unlike gold, which serves primarily as a safe-haven asset, silver is used in sectors like solar energy and healthcare, causing more significant price swings.
Understanding Silver Trading
- Spot Silver: This term refers to the real-time market price for buying or selling silver instantly.
- Price Spread: The difference between the ask price (purchase cost) and bid price (sale amount) indicates demand. A smaller spread signals higher demand.
Methods of Investing in Silver
Investors can gain exposure to silver through various means:
- Bullion Bars and Rounds: Sold based on weight and purity.
- Government-Minted Coins: Examples include American Silver Eagles.
- Silver Jewelry: Often carries a premium for craftsmanship.
- Mining Stocks: Investing in companies that extract silver.
Current Market Insights for Investors
Silver has experienced over a 150% increase in price over the past year, reaching levels not seen in over a decade. Whether now is a good time to invest depends on individual market outlooks. For those concerned about inflation, silver can provide a wise investment opportunity.
Current Precious Metals Prices
| Precious Metal | Price per Ounce |
|---|---|
| Gold | $4,862.06 |
| Silver | $94.12 |
| Platinum | $2,483.95 |
| Palladium | $1,866.63 |
The market’s volatility reinforces the value of precious metals like silver. With ongoing economic uncertainties, many experts predict further increases in silver prices. Investors may find silver to be an attractive option due to its relatively lower cost compared to gold, providing a feasible hedge in uncertain times.
