Silver (SI=F) December futures opened at $67.28 per ounce on Tuesday, September 1, 2026, up 0.4% from Monday's closing price. By 8:08 a.m. ET, silver prices had slipped to $65.37.

Silver opened higher than the previous day but moved lower this morning as expectations for a rate increase later this month continued to build. That matters for silver because the metal does not pay interest, so changes in rate expectations can affect how attractive it looks relative to yield-bearing assets.

In a speech last week at the Jackson Hole summit, Fed Chair Kevin Warsh said the Fed has "work to do" to control prices. After those remarks, the U.S. struck Iranian military targets for the first time since July over the weekend, and President Trump said yesterday that more strikes could follow if Iran retaliates.

Oil prices (BZ=F) have risen 1.36% over the past day and 3.69% over the past five days, adding to expectations that higher interest rates may be needed to restrain price growth.

If the Fed raises rates next month, silver's price growth could face additional pressure, since silver does not pay interest to investors.

Current price of silver

The opening price of silver futures on Tuesday, September 1, 2026, was 0.4% higher than Monday's closing price. Here is how today's opening silver price compares with one week, one month, and one year ago:

• One week ago: -3.2%
• One month ago: +13.6%
• One year ago: +71.9%

For context, silver's year-over-year growth was 173.3% on May 14.

You can monitor the current price of silver on Yahoo Finance 24 hours a day, seven days a week.

If you want to learn more about leading companies in the silver industry, Yahoo Finance offers a Screener with more than 150 different screening criteria.

Silver price predictions for the next decade

Silver price forecasts vary widely. Some experts expect the metal to hold steady or rise modestly, while others forecast much larger gains. Among the most cited projections are the following:

1. Silver could reach $100 per ounce

Experts at BlackRock and J.P. Morgan say silver's outlook remains strong and that its price is expected to rise. By the end of 2026, they forecast silver could surpass $80 per ounce, with a potential move to $100 per ounce by 2030.

Forecasts can change, and firms may revise them at any time.

2. Silver coins could become more popular

With conflict continuing in the Middle East, investors are increasingly concerned about economic disruption and manufacturing supply-chain interruptions. Historically, that has led some investors to buy precious metals such as silver.

Because one ounce of gold is expensive for many new investors, silver coins or bars may serve as a more accessible entry point, which could support demand.

3. Pricing may remain volatile

Compared with gold, silver tends to be more volatile, with larger swings in both directions. Its price can be affected by shifts in industrial demand and investor confidence.

For example, silver topped $113 per ounce at the beginning of January 2026, then fell to $77 per ounce by February, a decline of about 32% in just a few weeks.

Price of silver chart

Whether you are tracking silver over the past month or the past year, the price chart below shows the metal's path so far this year.

(SI=F)

More silver coverage from the Yahoo Finance team:

• 5 ways to invest in silver for beginners
• Silver price volatility: What to know and how to invest in 2026
• Silver vs. gold: Which metal made investors more money in the last 50 years?
• Gold alternatives? How to invest in silver, platinum, and palladium.
• Why is silver outperforming gold? What to know before you invest.
• How to invest in silver in 5 steps
• Investing in silver or other metals? Here's how to avoid taxes.
• Silver price predictions: What can investors expect over the next 10 years?
• Gold forecast and tracker: Where will prices land in 2026?
• Gold price outlook: Could prices hit $6,000 in 2026?

How will silver's price change in 2026 and beyond? Learn what is driving silver's price increases and expert predictions.