Actual
65.885
Daily Change
1.22 1.89%
Monthly
16.84%
Yearly
73.29%
Q3 Forecast
66.423
Silver - Summary

Silver rose toward $66 an ounce on Monday, extending gains from the previous session as subdued US economic data reduced expectations for an imminent Federal Reserve interest rate hike. Data released last week pointed to tame US inflation, while consumer sentiment and retail sales weakened. Markets now see roughly a one-in-three chance of a Fed rate hike in September, down from nearly 50% before the data. Investors are now awaiting the FOMC’s latest meeting minutes and Fed Chair Kevin Warsh’s speech at the Jackson Hole symposium for further guidance. Meanwhile, tensions in the Middle East remain elevated after Israel launched fresh strikes on Lebanon over the weekend, while President Donald Trump is preparing new economic sanctions aimed at forcing Iran to surrender. Still, Middle Eastern producers are covertly moving millions of barrels of crude through the Strait of Hormuz, keeping oil prices in check and easing concerns about inflationary risks.

Silver - Stats

Silver rose to 65.89 USD/t.oz on August 17, 2026, up 1.90% from the previous day. Over the past month, Silver's price has risen 16.85%, and is up 73.31% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Silver reached an all time high of 121.64 in January of 2026. Silver - data, forecasts, historical chart - was last updated on August 17 of 2026.

Silver - Forecast

Silver rose to 65.89 USD/t.oz on August 17, 2026, up 1.90% from the previous day. Over the past month, Silver's price has risen 16.85%, and is up 73.31% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Silver is expected to trade at 66.42 USD/t. oz by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 79.59 in 12 months time.



Price Day Month Year Date
Gold 4,422.78 47.28 1.08% 10.35% 32.72% Aug/17
Silver 65.89 1.224 1.89% 16.84% 73.29% Aug/17
Copper 6.60 0.0038 0.06% 4.83% 48.07% Aug/17
Steel 3,009.00 -9.00 -0.30% -1.99% -4.66% Aug/17
Lithium 153,000.00 1500 0.99% 0.99% 84.99% Aug/17
Platinum 1,784.40 27.50 1.57% 11.25% 34.63% Aug/17
Iron Ore 94.95 -0.22 -0.23% -3.80% -6.56% Aug/17


Silver
Silver is a widely traded precious metal with both industrial and investment applications. It is used extensively in electronics, solar panels, and medical technologies, while also serving as a store of value and portfolio diversification tool. As a result, silver prices are influenced by both industrial demand and investor sentiment. Silver futures and options are traded on major exchanges such as the COMEX, where they are used by mining companies, manufacturers, and investors to manage price risk. Standard futures contracts typically represent 5,000 troy ounces. On the supply side, Mexico, Peru, and China are the largest producers globally, followed by Australia, Chile, Bolivia, the United States, Poland, and Russia. Silver prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
65.89 64.66 121.64 3.53 1975 - 2026 USD/t. oz Daily

News Stream
Silver Gains on Soft US Economic Data
Silver rose toward $66 an ounce on Monday, extending gains from the previous session as subdued US economic data reduced expectations for an imminent Federal Reserve interest rate hike. Data released last week pointed to tame US inflation, while consumer sentiment and retail sales weakened. Markets now see roughly a one-in-three chance of a Fed rate hike in September, down from nearly 50% before the data. Investors are now awaiting the FOMC’s latest meeting minutes and Fed Chair Kevin Warsh’s speech at the Jackson Hole symposium for further guidance. Meanwhile, tensions in the Middle East remain elevated after Israel launched fresh strikes on Lebanon over the weekend, while President Donald Trump is preparing new economic sanctions aimed at forcing Iran to surrender. Still, Middle Eastern producers are covertly moving millions of barrels of crude through the Strait of Hormuz, keeping oil prices in check and easing concerns about inflationary risks.
2026-08-17
Silver Rises More than 2% This Week
Silver rebounded to around $65 an ounce on Friday after falling 1.4% in the previous session, bringing its weekly gain to more than 2%. Softer-than-expected US inflation data suggested that the impact of energy-price shocks linked to the Iran conflict eased in July, reducing pressure on the Federal Reserve to adopt a more aggressive monetary stance. Investors will now focus on upcoming US employment data and comments from Fed Chair Kevin Warsh at the Jackson Hole symposium later this month. Meanwhile, renewed tensions in the Middle East could push energy prices higher and revive inflation concerns, creating uncertainty for precious metals. Beyond monetary policy and geopolitical developments, silver continues to benefit from strong industrial demand, particularly from solar-panel production and investment in electricity grids. Chinese imports of silver-bearing ores surged 62.5% year-on-year in June to 219,000 tonnes.
2026-08-14
Silver Slides for Second Session
Silver fell below $64 an ounce on Friday, extending losses from the previous session as investors took profits while assessing the Federal Reserve’s policy outlook and developments in the Middle East. Data released Thursday showed US core producer prices increased less than expected in July, offering further evidence that inflationary pressures are not broadly intensifying following Wednesday’s subdued CPI report. The softer price data reduces pressure on the Fed to raise interest rates in the near term, with markets now pricing in around a 35% chance of a 25 basis point rate hike in September, down from 55% a week earlier. Meanwhile, diplomatic efforts to reopen the Strait of Hormuz remain deadlocked, keeping investors cautious over the risk of an escalation that could drive energy prices higher and reignite inflationary pressures.
2026-08-14