Silver prices today, Wednesday, August 12, 2026: Surpassing $66 as expectations for July inflation ease

Silver (SI=F) September futures opened astatine $64.87 per ounce connected Wednesday, August 12, 2026, down 0.1% from Tuesday's closing price. Yet, metallic continues to emergence this morning, reaching $66.49 arsenic of 7:45 a.m. ET.

Silver prices person deed a precocious this greeting implicit $66 for the archetypal clip since June, up of the July CPI study that galore expect volition amusement ostentation conditions eased successful July compared to June.

Given the Fed's 2 mandates of unchangeable employment and controlling inflation, a humble CPI study this morning, particularly 1 that shows "core" CPI remains nether control, volition trim the chances of a Fed complaint summation successful September, fueling further maturation successful metallic prices implicit the abbreviated term.

Current terms of metallic

The opening terms of metallic futures connected Wednesday, August 12, 2026, 0.1% little than Tuesday's closing price. Here's however today's opening metallic terms has changed versus past week, month, and year:

• One week ago: +3.9%

• One period ago: +8.2%

• One twelvemonth ago: +72.8%

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

24/7 metallic terms tracking: Don't hide you tin show the existent terms of metallic connected Yahoo Finance 24 hours a day, 7 days a week.

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Silver vs. gold: Which made investors much wealth implicit the years? 

Over the past 50 years, golden outperformed silver, delivering higher semipermanent returns. Since the 1970s, metallic and golden prices person dramatically increased, but their roles successful the system and their semipermanent show are precise different.

Governments and investors presumption golden arsenic a store of value, and cardinal banks clasp ample golden reserves to support their economies against planetary ostentation oregon geopolitical crises. It's besides wide utilized to nutrient jewelry. 

Silver is overmuch much abundant successful proviso than gold, but it besides has much uses. Silver plays a important relation successful manufacturing and concern production; companies usage metallic to marque star panels, electronics, and aesculapian devices. The concern request tin impact silver's prices, causing much drastic changes. 

Read more: Gold vs. silver: Which had higher returns implicit 50 years?

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

• ​​Gold alternatives? How to put successful silver, platinum, and palladium.

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

• 3 predictions astir metallic prices successful the adjacent decennary

• How to put successful metallic successful 5 steps

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