Silver prices today, Wednesday, July 22, 2026: Silver rises as investors look past inflation risk
Silver prices today, Wednesday, July 22, 2026: Silver rises as investors look past inflation risk.
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Silver ( SI=F ) September futures opened at $59.09 per ounce on Wednesday, July 22, 2026 , roughly even with Tuesday's closing price. The silver price moved higher this morning, reaching $59.62 as of 8:38 a.m. ET.
Investors looked past the near-term inflation risk to shift into precious metals, and silver is benefitting. The metal opened above $59 and rose in early trading. The rebound from lows last Friday and Monday confirms the sentiment shift.
Silver does not pay a coupon, so the prospect of higher interest rates later this year would normally be a headwind. But escalating conflict in the Middle East may be driving demand for protection against the potential for stock and currency volatility. That offsetting force appears to be winning out for now.
The opening price of silver futures on Wednesday, July 22, 2026 , was nearly flat to Tuesday's closing price. Here's how today's 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.
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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.
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How will silver's price change in 2026 and beyond? Learn what's driving silver's price increases and expert predictions.
