Silver is navigating a volatile but fascinating phase today, February 26, 2026. The spot price of silver currently hovers around **$87–88 per troy ounce**, showing a noticeable pullback of about 2–3% from recent highs near $91 earlier this week.
This dip comes after a strong rally fueled by safe-haven buying amid ongoing geopolitical tensions (like US-Iran nuclear discussions and Middle East uncertainties) and persistent worries over US trade tariffs that could climb higher. Investors have poured into precious metals as a hedge against inflation risks and potential rate holds by the Fed.
Despite today's retreat, silver remains impressively up over the past month, with industrial demand—especially from solar panels, electronics, and green tech—continuing to support the metal. Tight physical supplies and low COMEX inventories have added fuel to the bullish narrative, sparking talk of a possible squeeze if buying pressure returns.
At this level, silver offers an attractive entry for those eyeing its dual role as both an industrial powerhouse and a monetary asset. While short-term swings are expected, the bigger picture points to sustained upside potential in uncertain times.
Whether you're stacking coins or just watching the charts, silver's shine feels brighter than ever!