Current price of silver as of Thursday, October 15, 2026 - Fortune

AI desk brief

Silver is quoted at $56.71/oz at 7:15 a.m. ET, down $1.84 on the day but still more than $3 above year-ago levels, with the piece saying the metal has risen more than 150% over the past year to decade-high levels. The article frames silver as an inflation hedge and notes that its higher volatility versus gold comes from its industrial uses in gadgets, healthcare tools, and other applications.

It also highlights spot pricing, bid-ask spreads, and common access routes such as bullion, ETFs, coins, and mining stocks. The stated 2026 drivers are limited supply plus stronger industrial and investment demand, with the piece suggesting some analysts still see scope for further upside.