Silver prices back off ahead of inflation data

Silver (SI=F) December futures opened at $67.94 per ounce on Thursday, September 10, 2026, down 1.0% from Wednesday’s closing price. Silver prices are backing off this morning, reaching $66.62 as of 6.58 a.m. ET. Even though the opening silver price was down 1% from the previous session’s closing price, silver’s $67.94 was the precious metal’s…


Silver prices back off ahead of inflation data

Silver (SI=F) December futures opened at $67.94 per ounce on Thursday, September 10, 2026, down 1.0% from Wednesday’s closing price. Silver prices are backing off this morning, reaching $66.62 as of 6.58 a.m. ET.

Even though the opening silver price was down 1% from the previous session’s closing price, silver’s $67.94 was the precious metal’s strongest opening price so far this week. However, silver prices do seem to be backing off this morning in early trading.

Investors are awaiting the Producer Price Index (PPI) and Consumer Price Index (CPI) data due today and tomorrow, respectively, for one final look at prior inflation data before the Fed meets for its two-day rate-setting meeting starting on Tuesday.

Currently, there’s a 62.2% expectation that the Fed will raise rates next week, which could further limit silver price growth in the short term.

The opening price of silver futures on Thursday, September 10, 2026, was 1.0% lower compared to Wednesday’s closing price. Here’s how today’s opening silver price has changed versus last week, month, and year:

  • One week ago: +3.6%

  • One month ago: +6.3%

  • One year ago: +65.2%

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

24/7 silver price tracking: Don’t forget you can monitor the current price of silver on Yahoo Finance 24 hours a day, seven days a week.

Want to learn more about the current top-performing companies in the silver industry? Explore a list of the top-performing companies in the silver industry using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria.

Precious metals are in high demand. Although gold has historically been the headlining investment metal, silver, platinum, and palladium are quickly becoming popular portfolio diversifiers. Here are three easy, action-oriented steps to help you start investing in these precious metals:

1. Learn the risks, growth drivers, and purposes

2. Understand the ownership options

3. Define your goal and allocation

Keep reading to learn more: How to invest in silver, platinum, and palladium

Whether you’re tracking the price of silver since last month or last year, the price-of-silver chart below shows the precious metal’s value journey so far this year.ย 

More silver coverage from the Yahoo Finance team:ย 

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