How much is silver worth per ounce today?
As of 8:05 AM ET on July 16, 2026, the spot price of silver is $56.78 per oz., according to the latest market data. It was down 3.41% and $2.00 from the previous close of $58.78.
One year ago, silver was trading at $37.77 per ounce. This means that the price has increased by 50.31% in the last 12 months.
Key levels to look out for this week:
52 week low: $36.68
52 week high: $117.39
Silver is trading 51.63% below its 52-week high. The stock is 54.79% above its 52-week low.
What is the historical price of silver?
| today | 1 week ago | 1 month ago | 1 year ago |
|---|---|---|---|
| $56.78 | $58.53 | $69.88 | $37.77 |
A week ago, silver was trading at $58.53 per ounce. Since then, the price has fallen by 3.00%.
A month ago, silver was trading at $69.88 per ounce. Since then, the price has fallen by 18.75%.
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What is driving the price of silver today?
The price of silver is driven by inflation expectations, central bank policy, global economic conditions, and investor demand. The strength of currencies, especially the US dollar, can influence daily prices, as well as physical and industrial demand. For more on the market, read the latest investment news on USA TODAY Money.
What does XAG/USD mean?
XAG/USD is the ticker symbol used to track the spot price of silver in US dollars.
XAG stands for 1 troy ounce of silver and USD stands for US dollar. The estimated price tells you how many dollars it costs to purchase one ounce.
Prices are usually quoted per troy ounce, which is slightly heavier than a standard ounce.
Spot prices reflect real-time market transactions and serve as a benchmark for futures contracts, ETFs, and retail bullion prices.
how to invest in silver
Investing in silver can be done by buying physical coins or bars, buying ETFs that track its price, or investing in mining stocks. Be sure to weigh costs, storage needs, and risk tolerance before making a decision. The retail price of a coin or bar typically includes a premium over the spot price.
Disclaimer: This USA TODAY Money article was automatically generated using live market data from Alpha Vantage. If you think we made a mistake or have feedback, please use this form.
