Silver Prices Plummet by 4.19% to $61.03 per Ounce on September 29

Silver prices took a hit on September 29, 2026, plummeting by 4.19% to $61.03 per ounce. This significant decline is a drop of $2.67 from the previous close of $63.70.

This downturn marks a reversal in silver's recent trend, which had seen prices rise by 31.34% over the past 12 months, reaching as high as $117.39 during that period. However, today's price is still 30.64% above its 52-week low of $46.725.

The spot price of silver has been influenced by various factors, including inflation expectations, central bank policy, global economic conditions, and investor demand. The currency strength of the U.S. dollar also plays a significant role in determining daily prices.