Silver traded at $63.26 per ounce at 6:30 a.m. Eastern Time, down $1.86, or 2.85%, from $65.12 at the same time the previous day. Gate data in an earlier update had quoted spot silver at $64.78, down 1.52% and more than $1 intraday. Based on the newer reference prices, silver was up 13.16% from $55.90 a month earlier and 69.23% from $37.38 a year earlier. The article separately says silver had surged more than 150% over the past year and reached its highest levels in over a decade, a figure that does not match the listed 12-month prices. Silver is valued as a store of value and inflation hedge, while its industrial uses, including solar equipment and healthcare devices, can contribute to greater volatility than gold. Tight supplies, industrial demand and investor interest were cited as drivers in 2026, with some experts seeing potential for further gains.