Generated from the day's market reporting and GoldPrice.Live's own price data, under Rick Adams' editorial guidelines. Sources are linked. Not investment advice.
Silver was trading near $60.26 per troy ounce as of Oct 12, 2026 at 12:05 p.m. ET, down 0.90% or $0.55 from the previous close of $60.81. That leaves the metal about 20.32% higher than it was a year earlier, but well below last year’s peak.
The snapshot shows silver at $60.26 per ounce. A year ago it was $50.09, a rise of 20.32% over 12 months. Over the last week the metal slipped from $60.85, down 0.96%, and it has declined 6.56% since trading at $64.49 a month ago. The 52-week high is $117.39 and the 52-week low is $46.81 - silver sits 48.66% below the high and 28.74% above the low.
The usual market forces were cited as influencing the price: inflation expectations, central bank policy, the strength of the US dollar, and shifts in physical and industrial demand. These are broad drivers rather than a single new catalyst for the drop on Oct 12. The data point here comes from live market feeds at 12:05 p.m. ET.
Readers who follow bullion markets will note the large gap to the 52-week high of $117.39 - a reminder of how volatile silver can be. Short-term moves this week are modest: the drop since the previous close was $0.55 and weekly and monthly moves are under 7%. Those figures suggest the market is in a consolidating phase rather than a fresh move higher or lower.
This piece reports spot levels from market data and does not offer investment advice. Prices can change quickly and the drivers listed are general factors that tend to influence XAG/USD quotes.
Source: Usatoday
