Silver futures for December delivery opened at $67.28 per ounce on Tuesday, September 1, up 0.4 percent from Monday's closing price, before slipping to $65.37 by mid-morning trading. The pullback reflects growing market expectations that the Federal Reserve will raise interest rates later this month.
Federal Reserve officials have signaled that inflation remains above target, reinforcing the case for tighter monetary policy. Because silver pays no interest to investors, expectations of higher rates typically weigh on its price by raising the opportunity cost of holding the metal instead of yield bearing assets.
Despite the near term slide, silver remains up 13.6 percent over the past month and 71.9 percent over the past year, according to Yahoo Finance data. The metal's year over year growth rate reached 173.3 percent on May 14, then corrected sharply, falling from a January peak above $113 per ounce to roughly $77 per ounce by February, a decline of about 32 percent in a matter of weeks.
Longer term forecasts from major financial institutions remain bullish. Analysts at BlackRock and J.P. Morgan expect silver to surpass $80 per ounce by the end of 2026, with some projections reaching $100 per ounce by 2030. Silver's price volatility relative to gold stems partly from its dual role as both a monetary asset and an industrial input tied to electronics, solar power and automotive manufacturing.
Market participants are also weighing broader geopolitical tensions overseas, which have added to inflation concerns and reinforced expectations for a more hawkish Federal Reserve stance heading into the fall.
Source: Yahoo Finance - https://finance.yahoo.com/personal-finance/investing/article/silver-prices-today-tuesday-september-1-2026-silver-prices-sliding-as-higher-rates-feel-inevitable-121826094.html