Silver prices today, Thursday, July 16, 2026: Prices can't crack $60 as U.S. airstrikes continue in Iran

Silver (SI=F) September futures opened astatine $58.12 per ounce connected Thursday, July 16, 2026, up 1.2% compared to Wednesday's closing terms of $57.43. The metallic terms is moving adjacent little this morning, reaching $57.07 arsenic of 8:15 a.m. ET.

The terms of metallic continues to conflict this greeting arsenic the U.S. has targeted Iranian subject sites with caller airstrikes for the 5th consecutive day. Iran has responded successful benignant with airstrikes of its ain crossed the Middle East, vowing to support the Strait of Hormuz closed.

The Strait of Hormuz, done which a 5th of the world's lipid erstwhile flowed, remains captious to a way of bid and to stemming ostentation concerns that person erstwhile again dispersed worldwide owed to this conflict.

If the Fed elects to rise involvement rates this twelvemonth to power rising prices, the terms of metallic volition look adjacent greater headwinds, since silver, similar gold, doesn't wage interest.

Current terms of metallic

The opening terms of metallic futures connected Thursday, July 16, 2026, was up 1.2% from Wednesday's close. Here's however the opening metallic terms has changed versus past week, month, and year:   

• One week ago: -1.9%

• One period ago: -16.8%

• One twelvemonth ago: +53.1%

For context, silver's year-over-year maturation was 173.3% connected May 14, 2026.

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1. Learn the risks, maturation drivers, and purposes

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Price of metallic illustration

Whether you're tracking the terms of metallic since past period oregon past year, the price-of-silver illustration beneath shows the precious metal's worth travel truthful acold this year. 

More metallic sum from the Yahoo Finance team: 

• 5 ways to put successful metallic for beginners

• Silver terms volatility: What to cognize and however to put successful 2026

• Silver vs. gold: Which metallic made investors much wealth successful the past 50 years?

• 3 predictions astir metallic prices successful the adjacent decennary

• Why is metallic outperforming gold? What to cognize earlier you invest.

• How to put successful metallic successful 5 steps

• Investing successful metallic oregon different metals? Here's however to debar taxes.