Silver traded near $68 an ounce on Wednesday, August 26, 2026, as investors awaited the Federal Reserve's preferred inflation gauge and a speech from Fed Chair Kevin Warsh scheduled for Jackson Hole on Friday.
September silver futures opened at $68.63 per ounce, down slightly from Tuesday's close, before the metal settled near $68.62 in early trading. The price held largely steady through the week even as it carries a substantial monthly gain.
Silver is up 17 percent over the past month and 8.6 percent over the past week, according to Yahoo Finance data. Measured against a year ago, the metal has gained 78.2 percent, extending a rally that pushed year over year growth as high as 173.3 percent in mid May.
The Personal Consumption Expenditures Price Index, the inflation measure the Fed watches most closely, was due for release shortly after silver's Wednesday open. Traders are looking to that report and to Warsh's Jackson Hole remarks for signals on how the central bank will approach interest rate policy in the coming month, a factor that has weighed heavily on precious metals pricing this year.
Silver's dual role as both a monetary and an industrial metal continues to shape its price swings. Solar panel manufacturers, electronics makers and medical device producers all rely on silver, and that industrial base has made the metal's price more volatile than gold's during periods of shifting demand. Gold has historically delivered higher long term returns than silver, though silver's industrial uses give it a distinct demand profile that traders continue to weigh alongside its price momentum this year.
Source: Yahoo Finance - https://finance.yahoo.com/personal-finance/investing/article/silver-price-today-wednesday-august-26-2026-silver-prices-hold-notching-a-17-monthly-gain-121703294.html