Silver (SI=F) July futures opened at $65.21 per ounce on Tuesday, 0.6% lower than Monday’s closing price. The price of silver fell this morning to $62.05 per ounce as of 9:08 a.m. ET.
Silver prices are falling this morning as concerns over future rate hikes have eclipsed the progress in peace talks between the U.S. and Iran. Two major investment banks lowered their gold price expectations this year, underscoring how rising borrowing costs curb demand for precious metals. Furthermore, silver prices are struggling even more than gold prices:
While gold’s rebound was short-lived, primarily due to investors reassessing the outlook for U.S. interest rates following last week’s hawkish Federal Reserve meeting, silver has struggled even more than the bullion, said veteran commodities analyst and Head of Commodity Strategy for Saxo Bank, Ole Hansen.
“The combination of higher bond yields, a firmer dollar, and expectations that policy rates may remain elevated for longer continues to challenge investor appetite for non-yielding assets,” Hansen wrote in a post on Substack.
Keep reading: Hansen Says Silver Is Struggling More Than Gold As It Faces ‘Double Pressure’ – Deutsche Warns Gold Can Fall To $3,800
Current price of silver
Silver (SI=F) July futures opened 0.6% lower than Monday’s closing price. Here’s a look at how the opening silver price has changed versus last week, month, and year:
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One week ago: -6.7%
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One month ago: -14.2%
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One year ago: +80.3%
For context, silver’s year-over-year growth was 173.3% on May 14.
24/7 silver price tracking: Don’t forget you can monitor the current price of silver on Yahoo Finance 24 hours a day, seven days a week.
Want to learn more about the current top-performing companies in the silver industry? Explore a list of the top-performing companies in the silver industry using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria.
Silver price predictions for the next decade
Silver price forecasts vary wildly by expert. Some say silver’s price will hold steady or experience modest growth, while others predict huge price spikes. Here are some of the biggest predictions for silver’s price:
1. Silver reaches $100 per ounce
Experts with 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.
Does that mean you should buy lots of silver? Be aware that predictions can change, and they may revise their forecasts at any time.
2. 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.
Because buying an ounce of gold is prohibitively expensive for new investors, silver coins or bars are a more accessible entry point, so there may be increased demand.
3. 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.
For example, at the beginning of January 2026, silver’s price topped $113 per ounce. But by February, its price dropped to $77 per ounce, a decrease of about 32% in just a few weeks.
Keep reading: Silver price predictions for the next decade: What should investors expect?
Price of silver chart
Whether you’re tracking the price of silver since last month or last year, the price-of-silver chart below shows the precious metal’s value journey so far this year.
More silver coverage from the Yahoo Finance team:
