Silver (SI=F) September futures opened at $64.63 per ounce on Friday, August 14, 2026, down 0.6% from Thursday’s closing worth. Silver costs moved larger this morning, hitting $65.14 as of 8:03 a.m. ET.
Silver costs opened decrease this morning however rose again above $65 in early buying and selling, as comfortable inflation experiences earlier this week have many reducing their expectations of a price enhance in September
Based on the latest figures within the CME Group’s FedWatch instrument, there’s a 69.4% likelihood the Fed will maintain charges regular in September. But, 30.6% of economists nonetheless anticipate a 25-basis-point enhance subsequent month.
Evaluate these FedWatch percentages to 1 month in the past, and the change in expectation is substantial. Final month, 42% anticipated the Fed to maintain charges unchanged in September, 50% anticipated a 25-basis-point enhance, and eight% thought the Fed would increase charges by 50 foundation factors.
Silver costs are holding agency because of the rising ‘no-hike’ majority as a result of treasured metals, like silver, don’t pay curiosity.
Be taught extra: July PPI inflation cools to 4.7%: What it means for the Fed and rates of interest
Present worth of silver
The opening worth of silver futures on Friday, August 14, 2026, was 0.6% decrease in comparison with Thursday’s closing worth. This is how at present’s opening silver worth has modified versus final week, month, and yr:
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One week in the past: +1.6%
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One month in the past: +12.1%
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One yr in the past: +70.2%
For context, silver’s year-over-year development was 173.3% on Might 14.
24/7 silver worth monitoring: Remember you possibly can monitor the present worth of silver on Yahoo Finance 24 hours a day, seven days per week.
Need to study extra concerning the present top-performing corporations within the silver trade? Discover an inventory of the top-performing corporations utilizing the Yahoo Finance Screener. You possibly can create your personal screeners with over 150 completely different screening standards.
Investing in silver? This is methods to keep away from taxes.
Do it’s important to pay taxes on silver? Sure. Silver is a capital asset, so whenever you promote it for greater than you paid, the acquire is taxable and reported on Schedule D of your federal return.
Many traders assume holding silver for greater than a yr qualifies them for a similar long-term capital features charges as shares (0%, 15% or 20%).
Spoiler: It does not.
The 28% collectible tax lure
The IRS classifies bodily treasured metals — together with bars, rounds, and cash — as collectibles. That classification modifications the tax math in a giant manner.
Quick-term features
In case you maintain silver for one yr or much less, your revenue is taxed as bizarre earnings. Relying on your tax bracket, that might go as excessive as 37%.
Lengthy-term features
In case you maintain silver for multiple yr, your acquire is taxed at your bizarre earnings price — however not more than 28%.
This is what that appears like in actual life:
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In case you’re within the 10%, 12%, 22% or 24% bracket, your silver acquire is taxed at that very same price.
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In case you’re within the 32%, 35% or 37% bracket, you are capped at 28%.
So for those who’re a middle-income earner accustomed to paying 15% on inventory features, silver can value you extra, possibly 22% or 24%, relying in your adjusted gross earnings.
In case you’re within the prime brackets, the 28% cap is technically a reduction versus 35% or 37% — but it surely’s nonetheless larger than the 20% max long-term capital features price on shares.
That distinction provides up shortly whenever you’re speaking five- or six-figure features.
Be taught extra: Find out how to keep away from taxes when investing in silver
Worth of silver chart
Whether or not you are monitoring the worth of silver since final month or final yr, the price-of-silver chart beneath exhibits the valuable metallic’s worth journey thus far this yr.
Extra silver protection from the Yahoo Finance crew:
