Silver jumped 3.45% on July 1, 2026, reaching $60.32 per ounce as of 12:05 p.m. ET. The metal has climbed 66.89% over the past 12 months, yet it still trades 48.62% below its 52-week high of $117.39.
Silver rebounded on July 1, 2026, with the spot price rising to $60.32 per ounce as of 12:05 p.m. ET, a gain of $2.01 from the previous close of $58.30. The move marked a 3.45% advance in a single session.
The daily gain sits inside a much larger run. Silver traded at $36.14 per ounce one year earlier, meaning prices have risen 66.89% over the past 12 months.
But the recent trend points the other way. A month ago silver changed hands at $75.63 per ounce, leaving it down 20.24% since then. Over the past week the metal slipped 2.24% from $61.70, so the latest jump only partly reversed the retreat.
The current price leaves silver stretched between two extremes. It trades 48.62% below its 52-week high of $117.39 while holding 67.08% above its 52-week low of $36.10.
According to USA TODAY, silver prices respond to inflation expectations, central bank policy, global economic conditions and investor demand. The strength of the U.S. dollar, together with physical and industrial demand for the metal, can also move the daily price for anyone tracking silver.
Source: USA TODAY
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