Silver prices today, Wednesday, July 15, 2026: Stuck below $60 as Iran conflict wages on

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Silver September ( SI=F ) futures opened at $59.04 today, Wednesday, July 15, 2026 , down 0.1% compared to yesterday's opening price. The price of silver is moving even lower this morning, reaching $58.45 as of 7:56 a.m. ET.

Silver prices seem unable to crest above $60 an ounce for an extended period, especially as the U.S. and Iran exchange air attacks. The U.S. continued targeted military strikes for the fourth day in a row, with President Trump vowing to keep up selective attacks until Iran relents and reopens the Strait of Hormuz.

Yesterday's softer-than-expected inflation report indicated that price increases eased in June, yet the retreat in energy prices we observed last month aligned with more peaceful conditions between the two countries.

This week's renewed military escalation has sent oil prices back on the rise, up over 9% over the last five days, prompting the Fed to give serious consideration to rate hikes in September to cool energy price increases once more.

The opening price of silver futures on Wednesday was down 0.1% compared to Tuesday's opening price. Here's how the opening silver price has changed versus last week, month, and year:

For context, silver's year-over-year growth was 173.3% on May 14.

24/7 silver price tracking: Don't forget you can monitor the current price of silver on Yahoo Finance 24 hours a day, seven days a week.

Want to learn more about the current top-performing companies in the silver industry? Explore a list of the top-performing companies in the silver industry using the Yahoo Finance Screener . You can create your own screeners with over 150 different screening criteria.

Over the past 50 years, gold outperformed silver, delivering higher long-term returns. Since the 1970s, silver and gold prices have dramatically increased, but their roles in the economy and their long-term performance are very different.

Governments and investors view gold as a store of value, and central banks hold large gold reserves to protect their economies against global inflation or geopolitical crises. It's also widely used to produce jewelry.

Silver is much more abundant in supply than gold, but it also has more uses. Silver plays a significant role in manufacturing and industrial production; companies use silver to make solar panels, electronics, and medical devices. The industrial demand can affect silver's prices, causing more drastic changes.

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

Whether you're tracking the price of silver since last month or last year, the price-of-silver chart below shows the precious metal's value journey so far this year.

Silver price volatility: What to know and how to invest in 2026

Gold alternatives? How to invest in silver, platinum, and palladium .

Why is silver outperforming gold? What to know before you invest.