Silver opens at highest price since June

Silver (SI=F) September futures opened at $62.20 per ounce on Thursday, August 6, 2026, down 0.1% from Wednesday’s closing price, but up over 4% from yesterday’s opening price. Silver prices moved lower this morning, reaching $61.73 as of 9:12 a.m. ET.

Silver prices opened much higher this morning at $62.20. The last time we saw silver open above $62 with any real consistency was in June. With silver prices edging lower after opening, it’s unclear how long silver can hold at the $60-plus price point.

Precious metal prices are moving higher this morning thanks to continued negotiations in the Middle East to partially reopen the Strait of Hormuz. Silver is also benefiting from the tailwind provided by weaker job numbers. ADP reported a slowdown in hiring in July from the month prior.

Current price of silver

The opening price of silver futures on Thursday, August 6, 2026, was 0.1% lower compared to Wednesday’s closing price. Here’s how today’s opening silver price has changed versus last week, month, and year:

• One week ago: +8.6%

• One month ago: -0.7%

• One year ago: +64.7%

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.

Looking for a gold alternative? How to invest in silver, platinum, and palladium.

Precious metals are in high demand. Although gold has historically been the headlining investment metal, silver, platinum, and palladium are quickly becoming popular portfolio diversifiers. Here are three easy, action-oriented steps to help you start investing in these precious metals:

1. Learn the risks, growth drivers, and purposes

2. Understand the ownership options

3. Define your goal and allocation

Keep reading to learn more: How to invest in silver, platinum, and palladium

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: