Silver Prices Today, Wednesday, August 12, 2026: Surpassing $66 as Expectations for July Inflation Ease

Silver (SI=F) September futures opened at $64.87 per ounce on Wednesday, August 12, 2026, down 0.1% from Tuesday's closing price. Yet, silver continues to rise this morning, reaching $66.49 as of 7:45 a.m ET. Silver prices have hit a high this morning over $66 for t

Silver (SI=F) September futures opened at $64.87 per ounce on Wednesday, August 12, 2026, down 0.1% from Tuesday’s closing price.

Yet, silver continues to rise this morning, reaching $66.49 as of 7:45 a.m

ET. Silver prices have hit a high this morning over $66 for the first time since June, ahead of the July CPI report that many expect will show inflation conditions eased in July compared to June. Given the Fed’s two mandates of stable employment and controlling inflation, a modest CPI report this morning, especially one that shows “core” CPI remains under control, will reduce the chances of a Fed rate increase in September, fueling further growth in silver prices over the short term.

Current price of silver The opening price of silver futures on Wednesday, August 12, 2026, 0.1% lower than Tuesday’s closing price. Here’s how today’s opening silver price has changed versus last week, month, and year: – One week ago: +3.9% – One month ago: +8.2% – One year ago: +72.8% 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?

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