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 September (SI=F) futures opened at $59.04 today, Wednesday, July 15, 2026, down 0.1% compared to yesterday's opening price. The price of silver is moving even lower this morning, reaching $58.45 as of 7:56 a.m. ET.
Silver prices seem unable to crest above $60 an ounce for an extended period, especially as the U.S. and Iran exchange air attacks. The U.S. continued targeted military strikes for the fourth day in a row, with President Trump vowing to keep up selective attacks until Iran relents and reopens the Strait of Hormuz.
Yesterday's softer-than-expected inflation report indicated that price increases eased in June, yet the retreat in energy prices we observed last month aligned with more peaceful conditions between the two countries.
This week's renewed military escalation has sent oil prices back on the rise, up over 9% over the last five days, prompting the Fed to give serious consideration to rate hikes in September to cool energy price increases once more.