Silver Price Hits $69.15 as Inflation Expectations Drive Market

The silver price continues to rise on August 24, 2026. According to the latest market data, the spot price of silver is $69.15 per ounce, a gain of 0.25% and $0.17 from the previous close of $68.98.

This represents a significant increase over the past year, with prices up 77.82% since August 24, 2025. In comparison to its 52-week high, silver is trading 41.10% below its peak price of $117.39.

The current price of $69.15 per ounce is higher than the previous week's closing price of $65.03 and last month's closing price of $58.17. However, it remains lower than its high over the past 52 weeks.