Silver prices today, Thursday, August 6, 2026: Silver opens at highest price since June

Silver (SI=F) September futures opened astatine $62.20 per ounce connected Thursday, August 6, 2026, down 0.1% from Wednesday's closing price, but up implicit 4% from yesterday's opening price. Silver prices moved little this morning, reaching $61.73 arsenic of 9:12 a.m. ET.

Silver prices opened overmuch higher this greeting astatine $62.20. The past clip we saw metallic unfastened supra $62 with immoderate existent consistency was successful June. With metallic prices edging little aft opening, it's unclear however agelong metallic tin clasp astatine the $60-plus terms point.

Precious metallic prices are moving higher this greeting acknowledgment to continued negotiations successful the Middle East to partially reopen the Strait of Hormuz. Silver is besides benefiting from the tailwind provided by weaker occupation numbers. ADP reported a slowdown successful hiring successful July from the period prior.

Current terms of metallic

The opening terms of metallic futures connected Thursday, August 6, 2026, was 0.1% little compared to Wednesday's closing price. Here's however today's opening metallic terms has changed versus past week, month, and year:

• One week ago: +8.6%

• One period ago: -0.7%

• One twelvemonth ago: +64.7%

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

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

Precious metals are successful precocious demand. Although golden has historically been the headlining concern metal, silver, platinum, and palladium are rapidly becoming fashionable portfolio diversifiers. Here are 3 easy, action-oriented steps to assistance you commencement investing successful these precious metals:

1. Learn the risks, maturation drivers, and purposes

2. Understand the ownership options

3. Define your extremity and allocation

Keep speechmaking to larn more: How to put successful silver, platinum, and palladium

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.