Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-31T12:52:01+00:00
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See ourAdvertiser Disclosure. Silver (SI=F) December futures opened at$66.80per ounce onMonday, August 31, 2026, down 1.4% from Friday's closing price. Silver rose this morning, reaching$67.84 as of 8:39 a.m. ET. Silver prices have been steadily declining since the start of last week and sank even lower at the open this morning as expectations for a Fed rate increase rise. On Friday, Fed Chair Kevin Warsh reiterated the Fed's mandate for lowering prices,saying the Fed had "work to do": "We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do," Warsh said in his first speech as
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25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.