The silver market has remained resilient, with prices holding above $68 per ounce, despite a slight pullback in the morning session on Tuesday, August 25, 2026. As the world waits with bated breath for the upcoming inflation report and the Fed Chair’s speech at Jackson Hole, investors are keeping a close eye on the precious metal’s performance.

Source: s.yimg.com

Silver (SI=F) September futures opened at $68.96 per ounce, a 0.5% increase from Monday’s closing price. However, the price fell slightly to $68.07 as of 8:08 a.m. ET, indicating a minor correction in the market. Despite this, silver prices continue to hold onto weekly and monthly gains of 5.7% and 17.6%, respectively, showcasing the metal’s resilience in the face of economic uncertainty.

Source: s.yimg.com

Investors are closely watching the inflation report, the Personal Consumption Expenditures (PCE) Price Index, and the Fed Chair’s speech on Friday. The Fed’s decision to potentially raise rates following its September meeting continues 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.

Source: s.yimg.com

Current Price of Silver

The opening price of silver futures on Tuesday, August 25, 2026, was 0.5% higher compared to Monday’s closing price. Here’s a comparison of today’s opening silver price with last week, month, and year:

• One week ago: +5.7%
• One month ago: +17.6%
• One year ago: +77.9%

For context, silver’s year-over-year growth was 173.3% on May 14. The metal’s price has more than tripled over the past year, despite its recent sell-off.

Silver Price Predictions for the Next Decade

Silver price forecasts vary wildly by expert, with some predicting modest growth, while others predict huge price spikes. Here are some of the biggest predictions for silver’s price:

• Silver reaches $100 per ounce: Experts at BlackRock and J.P. Morgan agree that the outlook for silver remains strong, and its price will increase. By the end of 2026, experts predict silver’s price will surpass $80 per ounce, and it could reach $100 per ounce by 2030.
• Silver coins become more popular: With the conflict in the Middle East, investors are increasingly concerned about economic turmoil and manufacturing supply chain disruptions. Historically, that means investors will increasingly buy precious metals, such as silver.
• Pricing may be more volatile: Compared to gold, silver’s price tends to be more volatile, with more rises and falls. Its price fluctuates due to changes in industrial demand and investor confidence.

Silver’s price has been on a tear, with prices increasing by more than 100% year to date. Experts weigh in on what could be causing these record highs.

Price of Silver Chart

The price-of-silver chart below shows the precious metal’s value journey so far this year. Whether you’re tracking the price of silver since last month or last year, the chart provides valuable insights into the metal’s performance.