Current price of silver as of Wednesday, October 21, 2026 - Fortune

AI desk brief

Silver traded at $57.67/oz as of 8 a.m. ET Wednesday, up 79 cents on the day and nearly $9 over the past 12 months, according to the article. It says silver’s 2026 advance has been driven by tight supplies and robust demand from both industrial users and investors, with the metal recently hitting its highest levels in over a decade.

The piece frames silver as a higher-volatility precious metal than gold because of its industrial exposure, citing solar equipment and healthcare devices as demand channels. It also notes that silver is often used as an inflation hedge and that many experts see scope for further upside, potentially toward record highs.