Silver prices hold, notching a 17% monthly gain

Silver (SI=F) September futures opened at $68.63 per ounce on Wednesday, August 26, 2026, down 0.1% from Tuesday’s closing price. The silver price held steady this morning, reaching $68.62 as of 8:10 a.m. ET. Silver prices have remained quite steady this week, with opening prices edging down ever so slightly each day of the week…


Silver prices hold, notching a 17% monthly gain

Silver (SI=F) September futures opened at $68.63 per ounce on Wednesday, August 26, 2026, down 0.1% from Tuesday’s closing price. The silver price held steady this morning, reaching $68.62 as of 8:10 a.m. ET.

Silver prices have remained quite steady this week, with opening prices edging down ever so slightly each day of the week so far. Still, silver is holding onto a 17% month-over-month gain.

Precious metals are in a bit of a holding pattern this morning as the markets await the Fed’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) Price Index, set to be released in just a few minutes, and Fed Chair Kevin Warsh’s speech on Friday at Jackson Hole.

Both the PCE report and Warsh’s comments should give markets more clues about where inflation stands and how it will affect the Fed’s actions next month.

The opening price of silver futures on Wednesday, August 26, 2026, was 0.1% lower compared to Tuesday’s closing price. Here’s how today’s opening silver price has changed versus last week, month, and year:ย 

  • One week ago: +8.6%

  • One month ago: +17%

  • One year ago: +78.2%

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.

Over the past 50 years, gold outperformed silver, delivering higher long-term returns. Since the 1970s, silver and gold prices have dramatically increased, but their roles in the economy and their long-term performance are very different.

Governments and investors view gold as a store of value, and central banks hold large gold reserves to protect their economies against global inflation or geopolitical crises. It’s also widely used to produce jewelry.ย 

Silver is much more abundant in supply than gold, but it also has more uses. Silver plays a significant role in manufacturing and industrial production; companies use silver to make solar panels, electronics, and medical devices. The industrial demand can affect silver’s prices, causing more drastic changes.ย 

Read more: Gold vs. silver: Which had higher returns over 50 years?

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.

More silver coverage from the Yahoo Finance team:ย 

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