Silver is currently trading around **$77-78 per ounce** in the spot market today (February 7, 2026), showing a strong rebound with gains of about 9-10% in recent sessions.
After hitting an all-time high above **$121** in late January, silver experienced sharp volatility, including a steep sell-off triggered by margin hikes on futures exchanges and position unwinds. Prices dipped significantly in early February, but buyers stepped in, pushing it back toward the $78 mark as fundamentals remain supportive.
This white metal continues to benefit from strong industrial demand in solar panels, electronics, and green tech, alongside its role as a precious metal hedge amid economic uncertainty and geopolitical tensions. Year-over-year, silver remains dramatically higher—up over 140% from early 2025 levels—reflecting a powerful bull run despite recent corrections.
The market stays choppy, with traders watching the US dollar, Fed policy shifts, and ongoing margin adjustments. Silver's dual nature (industrial + safe-haven) keeps it exciting for investors.
Whether you're stacking coins or tracking charts, silver's resilience shines through this rollercoaster phase. What's your take—buying the dip or waiting for clearer trends? (Word count:
