Silver Price Hits $61.51 as Inflation Concerns Grow
The price of silver as of Friday, Oct. 2, 2026, was $61.51 per ounce, a gain of over 14% from last year.
This uptick in value comes despite long-term returns on silver investments underperforming the S&P 500 by roughly 96%, according to historical data since 1921.
Silver's strength lies in its ability to preserve value and shield against inflation, making it a popular store of value among investors.