Silver Price Hits $65.48 Per Ounce Amid Inflation Concerns
The current price of silver has surged to $65.48 per ounce as of Monday, August 17, 2026, marking a 66-cent increase from yesterday's price. This uptick represents more than a $27 gain over the past year, with silver prices rising by 72.27% in the last 12 months.
The value of silver has been steadily increasing, but it's essential to note that silver tends to far underperform traditional stocks over the long term. Since 1921, silver has declined around 96% against the S&P 500, making it a less reliable investment option for the long haul.
However, silver is often considered a safe and reliable asset that can help preserve the value of money during periods of inflation. Its price tends to retain its value during times of economic uncertainty, making it an attractive option for investors seeking stability.