Silver Prices Soar to 12-Month High Amid Tight Supplies and Robust Demand

Silver prices have surged more than $19 over the past 12 months, reaching $57.92 per ounce as of July 29, 2026. This represents a gain of 51.58% compared to last year's price of $38.21.

The current price is also up 78 cents from yesterday at this hour, but has actually decreased by 2.14% over the past month.

Despite its recent performance, silver is not typically considered a high-growth investment option, and historically has underperformed the S&P 500 by about 96%. However, it remains prized for its stability and ability to hedge against inflation.