Silver prices today, Tuesday, July 28, 2026: Silver edges lower ahead of today's Fed meeting

Silver (SI=F) September futures opened astatine $58.74 per ounce connected Tuesday, July 28, 2026, up 0.1% from Monday's closing price. The metallic terms moved little this morning, reaching $57.55 arsenic of 7:50 a.m. ET.

Silver hasn't opened supra $61 since July 7, and similar gold, has traded wrong a precise constrictive terms set for overmuch of the month. Unlike gold, silver's terms is driven by 2 main factors: concern request and capitalist demand. Unfortunately for metallic prices, some person declined.

Despite these struggles, metallic prices opened 4.3% higher than past week and 54.1% higher than past twelvemonth up of today's two-day Fed meeting.

The Fed's complaint determination volition travel tomorrow, when, according to the CME Group's FedWatch tool, 35.8% of analysts expect the Fed to rise rates by 25 ground points, compared to implicit 25% past week.

Many investors are apt awaiting definitive quality connected the U.S. involvement complaint outlook earlier driving the metal's terms up again.

Current terms of metallic

The opening terms of metallic futures connected Tuesday, July 28, 2026, was 0.1% higher compared to Monday's closing price. Here's however today's opening metallic terms has changed versus past week, month, and year:

• One week ago: +4.3%

• One period ago: -0.8%

• One twelvemonth ago: +54.1%

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.

Want to larn much astir the existent top-performing companies successful the metallic industry? Explore a database of the top-performing companies successful the metallic manufacture utilizing the Yahoo Finance Screener. You tin make your ain screeners with implicit 150 antithetic screening criteria.

Silver terms predictions for the adjacent decennary

Silver terms forecasts alteration wildly by expert. Some accidental silver's terms volition clasp dependable oregon acquisition humble growth, portion others foretell immense terms spikes. Here are immoderate of the biggest predictions for silver's price:

1. Silver reaches $100 per ounce

Experts with BlackRock and J.P. Morgan hold that the outlook for metallic remains strong, and its terms volition increase. By the extremity of 2026, experts foretell silver's terms volition surpass $80 per ounce, and it could scope $100 per ounce by 2030.

Does that mean you should bargain tons of silver? Be alert that predictions tin change, and they whitethorn revise their forecasts astatine immoderate time.

2. Silver coins go much fashionable

With the struggle successful the Middle East, investors are progressively acrophobic astir economical turmoil and manufacturing proviso concatenation disruptions. Historically, that means investors volition progressively bargain precious metals, specified arsenic silver.

Because buying an ounce of golden is prohibitively costly for caller investors, metallic coins oregon bars are a much accessible introduction point, truthful determination whitethorn beryllium accrued demand.

3. Pricing whitethorn beryllium much volatile

Compared to gold, silver's terms tends to beryllium much volatile, with much rises and falls. Its terms fluctuates owed to changes successful concern request and capitalist confidence.

For example, astatine the opening of January 2026, silver's terms topped $113 per ounce. But by February, its terms dropped to $77 per ounce, a alteration of astir 32% successful conscionable a fewer weeks.

Keep reading: Silver terms predictions for the adjacent decade: What should investors expect?

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?

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

• 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.