Silver Prices Surge to $65.06 as Inflation Expectations Rise

Silver prices rose 1.75% to $65.06 per ounce on August 11, 2026, according to market data. This represents a gain of $1.12 from the previous close of $63.94. One year ago, silver traded at $38.12 per ounce, meaning prices have increased by 70.67% over the past 12 months.

The current price is trading 44.58% below its 52-week high of $117.39 and 74.10% above its 52-week low of $37.37. A week ago, silver traded at $58.45 per ounce, with prices up 11.31% since then.

Silver is driven by inflation expectations, central bank policy, global economic conditions, and investor demand. Currency strength, especially the U.S. dollar, along with physical and industrial demand, can also affect daily prices.