Current price of silver as of Thursday, October 8, 2026 - Fortune

AI desk brief

Silver was quoted at $58.71/oz at 7 a.m. ET on Oct. 8, down $1.29 from yesterday but still more than $9 higher than a year ago. The piece says silver is up more than 150% over the past year and at decade-high levels, with the rally attributed to tight supply plus rising demand from both industrial uses and investment flows.

It also notes silver’s volatility versus gold because of its industrial exposure, while arguing that inflation-hedging demand and growing solar/electronics usage could keep the uptrend intact. The article is generic consumer-finance content rather than primary market analysis, but the directional message remains supportive for silver near term.