Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure. Silver (SI=F) September futures opened at $64.63 per ounce on Friday, August 14, 2026, down 0.6% from Thursday's closing price.
Silver prices moved higher this morning, hitting $65.14 as of 8:03 a.m. Silver prices opened lower this morning but rose back above $65 in early trading, as soft inflation reports earlier this week have many lowering their expectations of a rate increase in September According to the most recent figures in the CME Group's FedWatch tool, there is a 69.4% chance the Fed will hold rates steady in September. Yet, 30.6% of economists still expect a 25-basis-point increase next month.
Compare those FedWatch percentages to one month ago, and the change in expectation is substantial. Last month, 42% expected the Fed to keep rates unchanged in September, 50% expected a 25-basis-point increase, and 8% thought the Fed would raise rates by 50 basis points. Silver prices are holding firm thanks to the rising 'no-hike' majority because precious metals, like silver, do not pay interest.
Learn more: July PPI inflation cools to 4.7%: What it means for the Fed and interest rates The opening price of silver futures on Friday, August 14, 2026, was 0.6% lower compared to Thursday'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 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 using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria. Do you have to pay taxes on silver?
Silver is a capital asset, so when you sell it for more than you paid, the gain is taxable and reported on Schedule D of your federal return. Many investors assume holding silver for more than a year qualifies them for the same long-term capital gains rates as stocks (0%, 15% or 20%). The IRS classifies physical precious metals — including bars, rounds, and coins — as collectibles.
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