Silver futures opened at $65.90 per ounce on Tuesday for the September contract, down 0.5% from Monday's close, before slipping to $65.12 by mid-morning trading. The metal moved between $65 and $66 an ounce through the session as a diplomatic push between the United States and Iran lost momentum. A 60-day window for the two countries to reach an agreement expired Monday with no replacement deal in place, and oil prices along with Treasury yields rose in response.
Higher oil prices raise inflation concerns for the broader economy, a headwind for precious metals pricing. At the same time, signs of slower consumer spending point to a possible economic slowdown, a scenario that historically increases investment demand for silver as a hedge. Traders are weighing both forces against each other this week.
Silver has posted strong gains across every recent time frame. The metal is up 1.6% over the past week, 18.6% over the past month, and 73.6% compared to a year ago. Industrial buying tied to solar panel manufacturing, electric vehicles, and data center construction continues to support the price alongside investment demand.
Analysts at major financial firms see room for further gains. Forecasts from BlackRock and J.P. Morgan point to silver moving past $80 per ounce by the end of 2026, with some projections reaching $100 per ounce by 2030. Silver's price history this year has already shown how quickly those targets can shift, with the metal trading above $113 an ounce in early January before falling to $77 by February.
Source: Yahoo Finance - https://finance.yahoo.com/personal-finance/investing/article/silver-prices-today-tuesday-august-18-2026-silver-price-holds-as-investors-weigh-inflation-and-geopolitical-risks-155200076.html