Silver (SI=F) September futures opened at $63.80 per ounce on Monday, August 10, 2026, up 0.5% from Friday's closing price. By 8:34 a.m. ET, the price had climbed further to $64.03.

Silver prices have extended a rally that began after Friday's weak jobs report, as many investors reduced expectations for a rate increase next month. Precious metals like silver typically benefit when rate-hike expectations ease, as lower borrowing costs reduce the opportunity cost of holding non-yielding assets. Silver's dual role as both a store of value and an industrial commodity — used in solar panels, electronics, and other manufacturing applications — also makes its price sensitive to broader economic growth signals alongside monetary policy. Later this week, two key inflation reports are due, and markets are expected to get a clearer read on whether employment or inflation will weigh more heavily on the Federal Reserve committee's decision-making in September.

Current price of silver

The opening price of silver futures on Monday, August 10, 2026, was 0.5% higher than Friday's close. Here is how the opening price compares with recent periods:

• One week ago: +10.6%
• One month ago: +6.4%
• One year ago: +65.8%

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 companies in the silver industry, Yahoo Finance also offers a screener with more than 150 screening criteria.

How beginners can invest in silver

There are several ways to invest in silver, ranging from buying the metal itself to using financial products linked to its price.

Physical silver

The most direct way to invest in silver is to buy it in physical form, such as bullion bars or government-minted coins. This provides direct ownership of the metal, with no counterparty risk from an exchange or financial institution.

The main drawback is logistics. Investors need to consider storage, security and, in some cases, insurance. Dealers also charge a markup above the spot price, so silver must rise enough to cover that premium before an investor turns a profit. Even so, physical silver remains a straightforward choice for investors who want tangible assets.

Silver ETFs

Silver exchange-traded funds, or ETFs, trade on stock exchanges like individual stocks. Some funds hold physical silver directly, giving shareholders fractional ownership of real metal. Others invest in silver mining companies rather than the commodity itself.

ETFs are generally the most accessible and liquid way to gain silver exposure. They can be bought and sold through a standard brokerage account, and they do not require storage or insurance.

Investors should note that some silver funds are taxed as collectibles rather than investments, which can result in a higher tax rate. It is worth confirming the tax treatment with a professional before investing. Expense ratios should also be considered.

Read more: 5 ways to invest in silver for beginners

Price of silver chart

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

(SI=F)

More silver coverage from the Yahoo Finance team:

• 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.
• 3 predictions about silver prices in the next decade
• How to invest in silver in 5 steps
• Investing in silver or other metals? Here's how to avoid taxes.
• How to invest in silver: A beginner's guide