Silver (SI=F) July futures opened at $65.21 an ounce on Tuesday, down 0.6% from Monday’s closing price. The price of silver fell this morning to $62.05 per ounce as of 9:08 am ET.
Silver prices fell this morning as concerns about future rate hikes overshadowed progress in peace talks between the US and Iran. Two major investment banks have lowered their gold price expectations for this year, underscoring how rising borrowing costs are reducing demand for the precious metal. In addition, silver prices are struggling even more than gold prices:
While gold’s recovery was short-lived, largely due to investors reassessing the state of US interest rates following last week’s hawkish Federal Reserve meeting, silver has struggled more than cash, said veteran commodity analyst and Saxo Bank’s Head of Trading, Ole Hansen.
“The combination of higher bond yields, a stronger dollar, and expectations that policy rates may remain high for a longer period of time continues to challenge investors’ appetite for non-yielding assets,” Hansen wrote in a post on Substack.
Continue reading: Hansen Says Silver Struggles Above Gold As It Faces ‘Dual Pressure’ – Deutsche Warns Gold Could Fall To $3,800
Current price of silver
Silver (SI=F) July futures opened 0.6% lower than Monday’s close. Here’s a look at how the opening silver price has changed over the past 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 silver price 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? Check out a list of the best performing companies in the silver industry using the Yahoo Finance Screener. You can create your own screens with over 150 different test criteria.
Silver price predictions for the next ten years
Silver price predictions vary by expert. Some say that the price of silver will hold firm or experience modest growth, while others predict large price increases. Here are some big silver price predictions:
1. Silver reaches $100 per ounce
Experts with BlackRock and JP Morgan agree that the outlook for silver remains strong, and its price will increase. By the end of 2026, experts predict that the price of silver will exceed $80 per ounce, and it could reach $100 per ounce by 2030.
Does that mean you should buy more silver? Note that forecasts are subject to change, and they may update their forecasts at any time.
2. Silver coins are very popular
With the conflict in the Middle East, investors are increasingly concerned about economic turmoil and disruptions to manufacturing supplies. Historically, that means investors will increasingly buy precious metals, such as silver.
Because buying an ounce of gold is more expensive for new investors, silver coins or bars are an easily accessible entry point, so there may be a growing demand.
3. The price may fluctuate a lot
Compared to gold, the price of silver tends to fluctuate, with more ups and downs. Its price fluctuates due to changes in industry demand and investor confidence.
For example, in early January 2026, the price of silver peaked at $113 per ounce. But in February, its price fell to $77 per ounce, a 32% drop in just a few weeks.
Continue reading: Silver price predictions for the next decade: What investors should expect?
Silver chart value
Whether you’re tracking the price of silver from last month or last year, the silver price chart below shows the precious metal’s price journey so far this year.
More silver coverage from the Yahoo Finance team:
