Silver Prices Dip Amid Ongoing Volatility

Silver prices dipped by $1.18 on Wednesday, September 2nd, trading at $64.26 per ounce as of 8 a.m. Eastern Time.

This marks a decrease from yesterday's price but represents a gain of over $23 compared to the same time last year.

Silver has historically trailed other investment options like stocks, with an equal sum invested in silver and stocks since 1921 being worth about 96% less in silver holdings than stocks.

Despite this underperformance, silver is prized for its stability and ability to hedge against inflation, often referred to as a 'store of value.'