Silver prices today, Thursday, July 23: Silver price hovers near $60, keeping the gold/silver ratio in line with historic averages

Silver (SI=F) September futures opened astatine $60.01 per ounce connected Thursday, July 23, 2026, down 0.5% from Wednesday's closing price. The metallic terms moved little this morning, reaching $58.42 arsenic of 8:40 a.m. ET.

Silver opened conscionable supra $60 connected Thursday for the archetypal clip since July 10. The metallic has gained 7.3% implicit the past week arsenic investors measurement ostentation concerns against safe-haven demand.

The gold/silver ratio astatine the unfastened was 67.9, which is successful enactment with the mean since 2000. The ratio calculates however galore ounces of metallic it takes to acquisition 1 ounce of gold. Investors usage it arsenic an indicator of each metal's comparative value. A ratio worth supra 75 could awesome that metallic is undervalued and positioned for higher performance.

Current terms of metallic

The opening terms of metallic futures connected Thursday, July 23, 2026, was 0.5% 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: +7.3%

• One period ago: -3.1%

• One twelvemonth ago: +52.3%

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.