Silver (SI=F) September futures opened at $68.09 per ounce on Thursday, August 27, 2026, ticking up 0.1% from Wednesday’s settlement. The metal edged higher in early trading, climbing to $68.99 by 8:17 a.m. ET.
Silver opened once more in the $68 range this morning, building on the momentum from the previous session’s inflation data release.
The Personal Consumption Expenditures (PCE) report, the Federal Reserve’s preferred measure of inflation, indicated price increases on both monthly and annual timeframes that broadly aligned with analyst forecasts. Yet even with the in-line results, the report failed to resolve the ongoing disagreement among Fed officials regarding the appropriate course for interest rates at next month’s policy meeting.
Silver market participants, like investors across asset classes, are now directing their focus toward Federal Reserve Chair Kevin Warsh’s inaugural official address at the Jackson Hole symposium on Friday. Market participants are seeking greater clarity on whether the central bank will opt to raise rates or maintain its current stance when it convenes in September.
Current price of silver
Silver futures opened 0.1% higher on Thursday, August 27, 2026, relative to Wednesday’s closing level. Below is a snapshot of today’s opening price compared with recent periods:
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One week ago: +1.9%
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One month ago: +16.5%
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One year ago: +76%
For additional context, silver’s year-over-year gain reached 173.3% on May 14.
Looking for a gold alternative? How to invest in silver, platinum, and palladium.
Demand for precious metals remains robust. While gold has traditionally dominated the conversation around metals investing, silver, platinum, and palladium are increasingly being recognized as effective tools for portfolio diversification. The following three steps can help you begin building exposure to these markets:
1. Study the risks, growth catalysts, and industrial applications
2. Evaluate the available ownership structures
3. Clarify your investment objectives and target allocation
Price of silver chart
Whether you are comparing silver’s performance over the past month or the past year, the chart below illustrates the metal’s price trajectory year to date.
