Actual
64.480
Daily Change
0.93 1.47%
Monthly
-1.29%
Yearly
52.80%
Q3 Forecast
66.976
Silver - Summary

Silver rose to around $65 an ounce on Friday but declined more than 1% on the week, as investors digested the latest US inflation data ahead of next week’s Federal Reserve meeting. US inflation held at 3.4% in August, in line with expectations, while monthly CPI rose 0.4%, the strongest increase in three months. Core CPI accelerated to 0.3% month-on-month, its largest gain since April and above expectations of 0.2%, although the annual rate eased to 2.4%, its lowest since March 2021. US producer prices also accelerated in August as the Iran war pushed wholesale energy costs higher, while last week’s labor market data pointed to continued employment resilience. Markets have increased bets on a 25-basis-point Fed hike next week, with the CME FedWatch Tool now pricing in around an 86% probability, up from roughly 70% before the inflation data.

Silver - Stats

Silver rose to 64.48 USD/t.oz on September 11, 2026, up 1.47% from the previous day. Over the past month, Silver's price has fallen 1.29%, but it is still 52.80% higher than a year ago, 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 September 11 of 2026.

Silver - Forecast

Silver rose to 64.48 USD/t.oz on September 11, 2026, up 1.47% from the previous day. Over the past month, Silver's price has fallen 1.29%, but it is still 52.80% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Silver is expected to trade at 66.98 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 81.38 in 12 months time.



Price Day Month Year Date
Gold 4,350.36 33.02 0.76% -1.32% 19.41% Sep/11
Silver 64.48 0.932 1.47% -1.29% 52.80% Sep/11
Copper 6.48 0.0086 0.13% -1.84% 41.34% Sep/11
Steel 3,071.00 -24.00 -0.78% 2.13% 0.82% Sep/11
Lithium 142,250.00 -2500 -1.73% -3.89% 96.34% Sep/11
Platinum 1,801.60 0.50 0.03% 1.83% 29.00% Sep/11
Iron Ore 98.02 -0.66 -0.67% 3.08% -7.03% Sep/11


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
64.48 63.55 121.64 3.53 1975 - 2026 USD/t. oz Daily

News Stream
Silver Set for Weekly Decline as Fed Hike Bets Increase
Silver rose to around $65 an ounce on Friday but declined more than 1% on the week, as investors digested the latest US inflation data ahead of next week’s Federal Reserve meeting. US inflation held at 3.4% in August, in line with expectations, while monthly CPI rose 0.4%, the strongest increase in three months. Core CPI accelerated to 0.3% month-on-month, its largest gain since April and above expectations of 0.2%, although the annual rate eased to 2.4%, its lowest since March 2021. US producer prices also accelerated in August as the Iran war pushed wholesale energy costs higher, while last week’s labor market data pointed to continued employment resilience. Markets have increased bets on a 25-basis-point Fed hike next week, with the CME FedWatch Tool now pricing in around an 86% probability, up from roughly 70% before the inflation data.
2026-09-11
Silver Holds Drop Ahead of US CPI Report
Silver traded around $63.5 an ounce on Friday after tumbling over 5% in the previous session, as investors braced for the US consumer price index report that could reinforce expectations for a Federal Reserve rate hike next week. Data released Thursday showed US producer prices accelerated in August as the Iran war pushed wholesale energy costs higher. Markets are now pricing in roughly a 71% probability of a 25-basis-point Fed rate increase next week, up from 61% before the PPI data. Silver also faced pressure from surging oil prices amid the escalating US-Iran conflict, fueling concerns over rising inflation. Meanwhile, Treasury yields jumped following lower-than-expected purchases by the US Treasury Department during its first expanded buyback operation. Non-interest-bearing assets such as silver tend to underperform when yields rise. Silver is on track to lose about 4% this week, marking its third straight weekly decline.
2026-09-11
Silver Slides as Fed Rate Hike Bets Surge
Silver tumbled around 4% to $64.5 an ounce on Thursday as traders increased their bets on a Federal Reserve rate hike next week following stronger-than-expected US producer price data. US PPI rose 0.4% in August, while annual producer inflation accelerated to 5.4%, surpassing market expectations of 5.3%, driven by a sharp rise in energy prices, alongside evidence of stronger cost pass-through across other sectors. The data came as oil prices rallied again amid escalating US-Iran strikes in the Middle East, reinforcing expectations for tighter monetary policy and prompting markets to price in a more than 70% chance of a Federal Reserve rate hike on September 16. Meanwhile, traders also increased their bets on further European Central Bank tightening after the central bank raised borrowing costs as expected and warned that inflation risks remained tilted to the upside.
2026-09-10