Commodities
Silver Price Tumbles to $61.03 as Global Market Conditions Weigh
The current price of silver is $61.03 per ounce as of October 1, 2026, at 8:05 a.m. ET. This represents a decline of 0.68% or $0.42 from the previous close of $61.45.
Silver prices have risen 30.62% over the past 12 months, reaching this level from its one-year low of $46.72 per ounce. However, it remains 48.01% below its 52-week high of $117.39 and 30.38% above its 52-week low.
The spot price of silver is influenced by inflation expectations, central bank policy, global economic conditions, investor demand, currency strength, and physical and industrial demand. The XAG/USD ticker symbol tracks the spot price of silver in U.S. dollars.