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Silver (SI=F) September futures opened at $68.96 per ounce on Tuesday, August 25, 2026, up 0.5% from Monday's closing price. Silver fell slightly this morning to $68.07 as of 8:08 a.m. ET.
Silver prices are pulling back slightly this morning, despite holding onto weekly and monthly gains of 5.7% and 17.6%, respectively.
Most investors are looking ahead to tomorrow's inflation report, the Personal Consumption Expenditures (PCE) Price Index, and the Fed Chair Kevin Warsh's speech on Friday at Jackson Hole.
Inflation concerns and their impact on the Fed's decision to potentially raise rates following its September meeting continue to be a focal point for silver investors, as higher rates are a natural headwind for silver prices since the precious metal doesn't pay interest.
#slightly #investors
Silver (SI=F) September futures opened at $68.96 per ounce on Tuesday, August 25, 2026, up 0.5% from Monday's closing price. Silver fell slightly this morning to $68.07 as of 8:08 a.m. ET.
Silver prices are pulling back slightly this morning, despite holding onto weekly and monthly gains of 5.7% and 17.6%, respectively.
Most investors are looking ahead to tomorrow's inflation report, the Personal Consumption Expenditures (PCE) Price Index, and the Fed Chair Kevin Warsh's speech on Friday at Jackson Hole.
Inflation concerns and their impact on the Fed's decision to potentially raise rates following its September meeting continue to be a focal point for silver investors, as higher rates are a natural headwind for silver prices since the precious metal doesn't pay interest.
#slightly #investors
19 days ago