Commodities
Silver Prices Surge Amid Industrial Demand and Inflation Concerns
Silver prices have been on a rollercoaster ride lately, hitting $65.12 per ounce as of Tuesday, August 18, 2026. This represents a 36-cent decrease from yesterday's price and a whopping $27 increase compared to the same time last year.
The precious metal has seen its share of ups and downs over the years, with its value underperforming traditional equities by approximately 96% since 1921. However, silver is often viewed as a stable asset that can help preserve purchasing power during inflationary environments.
Despite its industrial uses, silver's price is more volatile than gold's due to fluctuations in demand from various sectors such as renewable energy and electronics.