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Silver (SI=F) September futures opened at $55.96 per ounce on Monday, July 20, 2026, down 0.6% from Friday's closing price. The silver price moved higher this morning, reaching $57.05 as of 8:45 a.m. ET.
Silver opened lower this morning as the U.S.-Iran conflict continued, with deadly results. The death of at least three U.S. service members over the weekend brings the American death toll to more than 15. Two of the three were killed in an Iranian strike on a U.S. air base in Jordan. The attack prompted U.S. Central Command to threaten a swift punishment on Friday. U.S. strikes continued through Sunday night.
The interest rate implications of continued fighting in the Middle East is a headwind for the price of silver. An extended war raises the likelihood of higher interest rates later this year. Rate increases raise the opportunity cost of holding silver, since it does not pay a cash yield.
The opening price of silver futures on Monday, July 20, 2026, was 0.6% lower compared to Friday's closing price. Here's how today's opening silver price has changed versus last week, month, and year:
Silver (SI=F) September futures opened at $55.96 per ounce on Monday, July 20, 2026, down 0.6% from Friday's closing price. The silver price moved higher this morning, reaching $57.05 as of 8:45 a.m. ET.
Silver opened lower this morning as the U.S.-Iran conflict continued, with deadly results. The death of at least three U.S. service members over the weekend brings the American death toll to more than 15. Two of the three were killed in an Iranian strike on a U.S. air base in Jordan. The attack prompted U.S. Central Command to threaten a swift punishment on Friday. U.S. strikes continued through Sunday night.
The interest rate implications of continued fighting in the Middle East is a headwind for the price of silver. An extended war raises the likelihood of higher interest rates later this year. Rate increases raise the opportunity cost of holding silver, since it does not pay a cash yield.
The opening price of silver futures on Monday, July 20, 2026, was 0.6% lower compared to Friday's closing price. Here's how today's opening silver price has changed versus last week, month, and year:
8 days ago
