Silver Holds Steady at $64.74 Per Ounce Amid Underwhelming Long-Term Performance

The price of silver has remained steady at $64.74 per ounce as of Friday, August 14, 2026, marking a 1-cent decrease from 24 hours prior and a significant gain of over $26 compared to this time last year.

Historical data suggests that long-term silver returns have consistently underperformed those of the S&P 500, with a roughly 96% difference in value since 1921. However, silver's strength lies in its ability to preserve value and shield against inflation, earning it the title 'store of value.'

Silver is more price-sensitive than gold due to its industrial applications, whereas gold primarily serves as a safe-haven asset. The current precious metals prices see silver at $64.74 per ounce, with gold at $4,354.25 and platinum at $1,729.67.