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 $63.43 per ounce on Wednesday, August 19, 2026, down 1% from Tuesday's closing price.
The silver price moved higher this morning, reaching $65 as of 8:55 a.m. Despite signs of strength Wednesday morning, the silver price is down about 9% for the year — after spiking in late January and then dipping into negative territory in March. Catalysts have included ongoing tensions in the Middle East and higher rate hike expectations.
While the war in Iran is ongoing, the interest-rate outlook has improved. Silver has not meaningfully appreciated, however. The metal's industrial applications add complexity to its price drivers relative to gold.
As a result, silver tends to be far more volatile. The current gold-to-silver ratio near 68 is in line with the long-term average range of 50 and 80. The opening price of silver futures on Wednesday, August 19, 2026, was 1% lower compared to Tuesday'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 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.
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