Commissions do not affect our editors' opinions or evaluations. The price of silver today, as of 9:12 am ET, was $30.36 per ounce. That’s down 0.80% from yesterday’s silver price of $30.60.

The precious metal topped at under $50 per ounce in early 1980. Silver was valued at under $10 per ounce most of the time between the 1980 and 2011 peaks. Silver jewelry remains quite popular as well.