The spot price of silver dropped 2.32% on Tuesday, November 10, 2026, falling to $52.17 per ounce. This decline of $1.24 comes after the previous close of $53.41. Despite the recent dip, silver has seen a 3.32% increase over the past year, trading at $50.50 one year ago.
Key levels to watch this week include a 52-week low of $49.13 and a 52-week high of $117.85. Currently, silver is trading 55.73% below its 52-week high and 6.20% above its 52-week low. Compared to a week ago, when silver traded at $49.88 per ounce, prices are up 4.59%. However, prices have fallen 14.38% from a month ago, when silver was at $60.93 per ounce.
Silver prices are influenced by various factors, including inflation expectations, central bank policies, global economic conditions, and investor demand. Currency strength, particularly the U.S. dollar, along with physical and industrial demand, also play significant roles in daily price movements.
Investors can gain exposure to silver by purchasing physical coins or bars, investing in exchange-traded funds (ETFs) that track its price, or buying shares in mining companies. It's important to consider costs, storage needs, and risk tolerance before making any investment decisions.