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This is your Daily Silver Price Tracker with Vanessa Clark podcast.
Hey friends, welcome back to Daily Silver Price Tracker with Vanessa Clark. Im your host Vanessa, and today were diving into the latest on silver prices, that shiny commodity everyone is watching closely.
Right now, silver is trading around 84 dollars and 50 cents per troy ounce, according to FXLeaders, marking a nice rebound of about 1.3 percent today amid some wild swings. Databoks reports it hit 84 dollars 677 cents this morning, up from yesterdays 84 dollars 173 cents, though its been fluctuating big time. Fortune noted it at 82 dollars 78 cents earlier at 9 a m Eastern, down from 85 dollars 69 cents yesterday, showing how volatile this market is with support around 80 to 82 dollars.
Whats driving this? Geopolitical tensions in the Middle East, like the US submarine incident with an Iranian warship and the Strait of Hormuz issues, are boosting safe-haven demand, per FXLeaders and FXStreet. A firmer US dollar and profit-taking after the huge 2025 rally to 120 dollars an ounce are pulling it back, as Capital.com and Times-Online explain, with a recent crash-like drop of nearly 9 percent. Over the past week, its down 7.26 percent, and 26 percent from 30 days ago, but still up massively year-over-year at over 150 percent from last years 32 dollars range.
Looking ahead, analysts see a bearish short-term tilt from Economies.com, with forecasts clustering around 79 to 81 dollars for 2026 averages from Reuters and JP Morgan, though some like Citigroup eye 100 dollars or more on supply deficits and industrial demand from solar, EVs, and AI. Volatility is key, with support at 80 dollars and resistance near 86 to 90 dollars.
Her practical tip for you: If youre tracking silver prices or thinking of investing, watch that 80-dollar floor closely, use small positions to handle the swings, and consider physical holdings for the long haul amid those ongoing supply shortages. Stay informed on dollar moves and global tensions.
Thanks for joining me today, friends. Subscribe, tune in tomorrow for more silver updates, and have a great one.
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