Silver Prices Reach 12-Month High Amid Robust Demand

Silver prices have surged more than $29 over the past 12 months, reaching $68.55 per ounce as of August 26, 2026. This represents a gain of 38 cents from yesterday's price and a 77.54% increase from last year's price.

Historically, silver has underperformed the S&P 500 by about 96%, making it less attractive for long-term investments. However, its stability and ability to hedge against inflation make it an attractive option for investors looking for a safe-haven asset.

Unlike gold, which is primarily used as a store of value, silver's prices are influenced by industrial demand, particularly in the fields of solar equipment and healthcare devices.