Silver prices today, Thursday, July 9: Prices continue to open lower this week

Silver (SI=F) September futures opened astatine $58.88 per ounce connected Thursday, July 9, 2026, up 0.6% compared to Wednesday's closing terms of $58.54. The metallic terms is moving up somewhat this morning, reaching $59.38 arsenic of 8:17 a.m. ET.

As it tends to do, metallic prices are pursuing gold's terms movements this week. The opening terms of metallic has been little each time truthful acold this week, hitting a caller play debased this greeting arsenic the U.S. and Iran speech subject strikes, each but eliminating their fragile ceasefire.

The renewed hostilities person sent lipid prices (BZ=F) higher up of the Fed's adjacent gathering astatine the extremity of this month. If these latest airstrikes grind postulation to a halt successful the Strait of Hormuz for an extended period, ostentation concerns volition beryllium reignited conscionable up of the Fed's adjacent rate-setting meeting. Elevated involvement rates lone enactment downward unit connected metallic prices.

Current terms of metallic

The opening terms of metallic futures connected Thursday, July 9, 2026, was up 0.6% from Wednesday's close. Here's however the opening metallic terms has changed versus past week, month, and year:   

• One week ago: -1%

• One period ago: -13.7%

• One twelvemonth ago: +61.8%

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

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Looking for a golden alternative? How to put successful silver, platinum, and palladium.

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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.