Silver futures held relatively steady on Thursday, September 17, 2026, after the Federal Reserve raised interest rates for the first time in three years. December silver futures opened at $63.42 per ounce, down 2.3% from the prior session's close, before recovering to roughly $64.57 in early trading.
The modest rebound came as investors weighed the Fed's move against easing pressure elsewhere in commodity markets. Oil prices slipped to just under $100 a barrel, down from nearly $108 the day before, as reports indicated Saudi Arabia's East-West pipeline, damaged earlier in the week, would soon return to normal flow.
Silver's reaction mirrored that of gold, with both metals showing limited movement despite the rate decision, a sign that markets had largely priced in the widely anticipated quarter-point hike. Analysts noted that the metal's muted response reflects investor confidence that the central bank's action to address rising costs will not derail the broader economic backdrop.
Even with the week's volatility, silver remains up sharply over the past year. The metal's opening price on Thursday was roughly 51% higher than a year earlier, though down about 1.2% from a week ago and 2.8% from a month earlier. Silver's year-over-year growth peaked at 173.3% in mid-May before a period of consolidation.
The precious metal continues to draw interest from investors looking for portfolio diversification alongside gold, platinum, and palladium, particularly as questions persist about the pace of future Fed policy moves and their effect on non-yielding assets like silver.
Source: Yahoo Finance - https://finance.yahoo.com/personal-finance/investing/article/silver-price-today-thursday-september-17-2026-silver-prices-stay-steady-post-fed-decision-112308053.html