Silver Price Hits $64.31 per Ounce Amid Growing Demand and Limited Supply

The current price of silver as of Thursday, September 17, 2026 is $64.31 per ounce, marking a 35-cent fall from yesterday and a more than $22.50 increase compared to last year.

Silver's appeal lies in its stability and ability to hedge against inflation, making it a valuable addition to one's portfolio. However, its price swings are more pronounced than gold's due to its industrial applications.

Investors can choose from various options, including physical holdings, ETFs, or mining equities. Advisors typically recommend allocating no more than 10% to 15% of the portfolio to silver and capping precious-metal exposure overall at 20%.