Silver Price This Morning Trades at US$74.717 /Troy Ounce (Tuesday, April 28, 2026)
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Investing.com records that today's silver price fell 1.62% to the level of US$74.717 per troy ounce. This price drop is quite high compared to the average price movement in the last week.
Yesterday, silver prices saw their highest jump on Monday, April 27, 2026, reaching 1.44%. It has strengthened by 5.21% compared to its position at the start of the year.
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Current conditions are similar to the silver price movement in the last day, which is in an uptrend.
Over the past week, silver price movement has grown -6.65% with an average daily transaction price of US$75.99 per troy ounce. As a result, throughout 2026, silver prices have risen 5.21% from the start-of-year level of US$71.015 per troy ounce. Even from this year's highest price of US$115.15 per troy ounce, silver prices have fallen 35.11%.
Annually, the average trading price of silver over the past five years has been in an uptrend. Meanwhile, for monthly price monitoring, transactions in the last 12 months tend to rise. The highest average monthly price of the silver commodity was recorded in January 2026 at US$93.97 per troy ounce.
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Silver is a non-corrosive metal, so it is considered a precious metal with a high selling value. Although its price is still far below gold, silver is often favored as a raw material for various products, such as jewelry.
Citing Statista, Mexico is the world's largest silver producer. Silver production in the country reached 178.1 million ounces in 2020.
Indonesia ranks 16th as the world's largest silver producer. It is recorded that silver production in the country reached 8.3 million ounces last year.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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