Silver Price Hits $62.70 Per Ounce Amid Industrial Demand and Scarcity

The current price of silver as of Monday, Sept. 14, 2026 is $62.70 per ounce, marking a $1.18 downtick from yesterday but a more than $20 gain over the past year.

Silver has historically been considered a safe and reliable asset for preserving value during periods of inflation, although it tends to underperform traditional stocks in the long term, having declined around 96% against the S&P 500 since 1921.

Despite its volatility compared to gold, silver is often used as a store of value due to industrial demand and has seen significant growth over the past year, with some experts predicting a boom in the coming years that could drive prices even higher.