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Silver (SI=F) December futures opened at$66.80per ounce onMonday, August 31, 2026, down 1.4% from Friday's closing price.
Silver rose this morning, reaching$67.84 as of 8:39 a.m.
Silver prices have been steadily declining since the start of last week and sank even lower at the open this morning as expectations for a Fed rate increase rise.
On Friday, Fed Chair Kevin Warsh reiterated the Fed's mandate for lowering prices,saying the Fed had "work to do": "We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed.
Otherwise, we have work to do," Warsh said in his first speech as chairman in Jackson Hole, Wyo.
"It is the Fed's job to deliver stable prices." Adding to the rising expectations of higher rates was the first U.S.
military attack against Iran in over a month.
military destroyed rocket launchers that were preparing to fire mines into the Strait of Hormuz.
Read more:US Strikes Iranian Rocket Launchers in First Attack in Weeks The opening price of silver futures onMonday, August 31, 2026, was 1.4% lower compared to Friday's closing price.
Here's how today's opening silver price has changed versus last week, month, and year: For context, silver's year-over-year growth was 173.3% on May 14.
24/7 silver price tracking: Don't forgetyou can monitor the current price of silver on Yahoo Finance24 hours a day, seven days a week.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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