Silver stock price trades at $28.46, with volatility index readings hinting at possible sharp moves following global inflation report releases. To be objective, there is no one-size-fits-all approach to valuing individual stocks or the broader market. The difference of opinion between investors over what's cheap and what's pricey is what makes the stock market a market in the first place. Investors like silver for many of the same reasons that they like gold and precious metals more generally. Here are some of the most important reasons: Silver stock price is hovering near $28.45 per ounce today, reflecting a modest 0.6% uptick amid growing safe-haven demand. Technical charts show support at $27.80 and resistance around $29.10, making short-term momentum bullish if volume sustains.