Silver trades near $52 an ounce in early November 2026 — less than half its January peak above $118, yet still up about 7.7% over the last twelve months. One ounce of gold now buys about 78 ounces of silver, the highest ratio of 2026. Silver is the strange middle child of the commodities world: a precious metal like gold, and an industrial raw material like copper, at the same time. That...
