As of today, October 26, 2023, the price of silver is fluctuating around $23.00 per ounce. Like other precious metals, silver's price is influenced by a variety of factors including inflation, interest rates, industrial demand, and geopolitical events. Recent economic data and Federal Reserve policy announcements are likely contributing to the current price volatility. Investors often turn to silver as a hedge against inflation or during times of economic uncertainty, which can further impact its price.
