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Silver (SI=F) September futures opened at $68.63 per ounce on Wednesday, August 26, 2026, down 0.1% from Tuesday's closing price. The silver price held steady this morning, reaching $68.62 as of 8:10 a.m. ET.
Silver prices have remained quite steady this week, with opening prices edging down ever so slightly each day of the week so far. Still, silver is holding onto a 17% month-over-month gain.
Precious metals are in a bit of a holding pattern this morning as the markets await the Fed's preferred inflation gauge, the Personal Consumption Expenditures (PCE) Price Index, set to be released in just a few minutes, and Fed Chair Kevin Warsh's speech on Friday at Jackson Hole.
Both the PCE report and Warsh's comments should give markets more clues about where inflation stands and how it will affect the Fed's actions next month.
#steady #morning
Silver (SI=F) September futures opened at $68.63 per ounce on Wednesday, August 26, 2026, down 0.1% from Tuesday's closing price. The silver price held steady this morning, reaching $68.62 as of 8:10 a.m. ET.
Silver prices have remained quite steady this week, with opening prices edging down ever so slightly each day of the week so far. Still, silver is holding onto a 17% month-over-month gain.
Precious metals are in a bit of a holding pattern this morning as the markets await the Fed's preferred inflation gauge, the Personal Consumption Expenditures (PCE) Price Index, set to be released in just a few minutes, and Fed Chair Kevin Warsh's speech on Friday at Jackson Hole.
Both the PCE report and Warsh's comments should give markets more clues about where inflation stands and how it will affect the Fed's actions next month.
#steady #morning
2 months ago