Silver's price down nearly 50% since January: Is it still a good investment?

Silver's price has seen a dramatic fall, declining by 48.6% from its record high of $116.61 per ounce in January 2026 to approximately $59.88 as of July 2, 2026. This significant drop raises questions for potential investors about whether silver remains a wise investment choice.

However, the article argues that a strategic, albeit small, investment in silver could still be beneficial. One key reason is its increased affordability. The current lower price presents a window of opportunity, especially since precious metal prices historically tend to rise over time. Investors are advised to be judicious, capping silver investments at around 10% of their overall portfolio, making it an accessible entry point for those new to precious metals.

Furthermore, while the recent decline is substantial, the price of silver is still considerably higher than it was a year prior. In July 2025, an ounce of silver was valued at just under $37. This means that even investors who purchased silver a year ago would still be ahead if they sold now.

The broader economic climate, marked by high inflation and potential Federal Reserve rate hikes, adds complexity to investment decisions. However, silver, like gold, offers advantages that can help protect and potentially boost a portfolio, especially at its current reduced price point.