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Silver prices today, Tuesday, August 11, 2026: Silver prices keep rising on jobs, Iran news
Tue, August 11, 2026 at 3:06 PM GMT+3 3 min read
Silver (SI=F) September futures opened at $65.94 per ounce on Tuesday, August 11, 2026, up 1% from Monday's closing price. The silver price moved higher this morning, reaching $65.45 as of 8:00 a.m. ET.
Silver prices have opened above $65 for the first time since June. Silver prices have been strengthening since last week's jobs report dimmed the chances of a Fed rate increase in September.
Investors are also turning back to precious metals as the situation in Iran worsens. Both the U.S. and Iran appear to be doubling down on their respective negotiation demands, stalling any previous progress that would lead to a reopening of the Strait of Hormuz.
Two inflation reports due later this week will offer important signals for the near-term future of silver prices.
Current price of silver
The opening price of silver futures on Tuesday, August 11, 2026, was 1% higher compared to Monday's closing price. Here's how today's opening silver price has changed versus last week, month, and year:
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One week ago: +13.5%
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One month ago: +9.9%
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One year ago: +73.3%
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.
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Silver price predictions for the next decade
Silver price forecasts vary wildly by expert. Some say silver's price will hold steady or experience modest growth, while others predict huge price spikes. Here are some of the biggest predictions for silver's price:
1. Silver reaches $100 per ounce
Experts with BlackRock and J.P. Morgan agree that the outlook for silver remains strong, and its price will increase. By the end of 2026, experts predict silver's price will surpass $80 per ounce, and it could reach $100 per ounce by 2030.
Does that mean you should buy lots of silver? Be aware that predictions can change, and they may revise their forecasts at any time.
2. Silver coins become more popular
With the conflict in the Middle East, investors are increasingly concerned about economic turmoil and manufacturing supply chain disruptions. Historically, that means investors will increasingly buy precious metals, such as silver.
Because buying an ounce of gold is prohibitively expensive for new investors, silver coins or bars are a more accessible entry point, so there may be increased demand.
3. Pricing may be more volatile
Compared to gold, silver's price tends to be more volatile, with more rises and falls. Its price fluctuates due to changes in industrial demand and investor confidence.
For example, at the beginning of January 2026, silver's price topped $113 per ounce. But by February, its price dropped to $77 per ounce, a decrease of about 32% in just a few weeks.
Keep reading: Silver price predictions for the next decade: What should investors expect?
Price of silver chart
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.
(SI=F )
65.03 -0.25 (-0.38%)
As of 8:30:28 AM EDT. Market Open.
More silver coverage from the Yahoo Finance team:
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