Silver (SI=F) December futures opened at $63.42 per ounce on Thursday, September 17, 2026, down 2.3% from Wednesday’s closing price. Prices rebounded to $64.57 by 7:10 a.m. ET.
Silver, like gold, showed little reaction after the Federal Reserve raised rates for the first time in three years. The metal opened at its lowest level of the week before gaining ground in early trading.
Market participants appear confident following the Fed’s policy move to curb inflation, especially as news emerged that Saudi Arabia’s East‑West oil pipeline is expected to resume normal operations after recent damage.
Oil prices slipped below $100 per barrel this morning, a notable drop from yesterday’s close near $108.
Current price of silver
The opening price of silver futures on Thursday, September 17, 2026 was 2.3% lower than Wednesday’s settlement. Compared with previous periods, today’s price shows the following changes:
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One week ago: -1.2%
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One month ago: -2.8%
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One year ago: +51.4%
For additional perspective, silver’s year‑over‑year increase reached 173.3% on May 14.
Investing in silver as a gold alternative
Precious metals remain in high demand, with investors seeking diversification beyond gold. Silver, platinum and palladium are gaining traction as portfolio diversifiers. Follow these three practical steps to begin investing in these metals:
1. Learn the risks, growth drivers and purposes of each metal.
2. Understand the various ownership options available.
3. Define your investment goal and allocate capital accordingly.
Silver price chart
Whether you are tracking silver’s performance over the past month or longer, the chart below illustrates the metal’s price movements throughout the year.
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