Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.

Silver (SI=F) September futures opened at $69.34 per ounce on Monday, August 24, 2026, down 0.3% from Friday's closing price. Silver fell slightly this morning, reaching $69.29 as of 8:40 a.m. ET.

Silver opened above $69 for the first time since June 16, bringing its month-over-month gain to 18.2%.

Yahoo Finance Executive Editor Brian Sozzi published an informative piece this morning, detailing what is driving the recent price growth of precious metals:

Gold and silver prices are being fueled by a potent combination of monetary policy interventions, escalating geopolitical friction in the Middle East, and persistent global inflation.

A major catalyst for the late-August breakout has been U.S. Treasury's unexpected decision to double its long-term bond buyback program to $4 billion per session. In turn, this has triggered an aggressive wave of short-covering and speculative buying across precious metals markets.

At the same time, a never-ending war with Iran -which has pushed up energy prices once again — has reinforced gold's status as the primary global safe-haven asset.

Beyond shared macroeconomic factors, silver's dramatic outperformance also reflects an acute physical supply deficit and compounding industrial demand.

Long-term structural consumption from AI data center infrastructure, electrical grid modernizations, and advanced electronics continues to absorb physical inventory faster than global mine production can keep pace.

Keep reading: Why gold and silver prices have added $5 trillion in value

The opening price of silver futures on Monday, August 24, 2026, was 0.3% lower compared to Friday's closing price. Here's how today's opening silver price has changed versus last week, month, and year: 

One week ago: +6.3%

One month ago: +18.2%

One year ago: +77.8%

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.

There are several ways to invest in silver, from buying the metal itself to choosing financial products tied to its price. Here's how each option works.

The most direct way to invest in silver is to buy it in physical form, either as bullion bars or government-minted coins. This gives you direct ownership of the metal, with no counterparty risk from an exchange or financial institution.

The trade-off is logistics. You'll need to think about storage, security, and potentially insurance. Dealers also charge a markup above the spot price, which means prices need to rise enough to cover that premium before you're in profit. Still, for investors who want tangible ownership of their assets, physical silver is a straightforward option.

Silver exchange-traded funds (ETFs) trade on stock exchanges the same way individual stocks do. Some ETFs hold physical silver directly, giving shareholders fractional ownership of real metal. Others invest in silver mining companies rather than the commodity itself.

ETFs are generally the most accessible and liquid way to get silver exposure. You can buy and sell them through any standard brokerage account, and there's no storage or insurance to worry about.

Keep in mind, though, that some silver funds are taxed as collectibles rather than investments, which can mean a higher tax rate. It's worth confirming the tax treatment with a professional before investing. You'll also have to keep an eye on expense ratios.

Read more: 5 ways to invest in silver for beginners

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: 

Silver price volatility: What to know and how to invest in 2026

Silver vs. gold: Which metal made investors more money in the last 50 years?

​​Gold alternatives? How to invest in silver, platinum, and palladium.

Why is silver outperforming gold? What to know before you invest.

3 predictions about silver prices in the next decade

How to invest in silver in 5 steps

Investing in silver or other metals? Here's how to avoid taxes.

Silver prices have more than tripled over the past year despite their recent sell-off. Here’s what you should know about the metal before you invest.

Gold and silver prices have been on a tear, with silver prices increasing by more than 100% year to date. Experts weigh in on what could be causing these record highs.

Interested in investing in silver? Understanding available investment options, the risks, and where to buy silver is key. Here's what you need to know.

How will silver's price change in 2026 and beyond? Learn what's driving silver's price increases and expert predictions.

Both gold and silver have surged over the past 50 years, but which precious metals delivered the higher returns? Here's how these investments compare.

Silver can be significantly more volatile than other assets. Here's what you need to know before investing.