As of Sep 10, 2026, at 2:55 AM EDT, Silver is quoted at $67.97 an ounce, which works out to $2.19 per gram and $2,185.13 per kilogram in U.S. dollars. Those quotes reprice continuously through the session, pushed around by investor positioning, physical buying, currency moves, and the macro variables we break down below.
Silver Spot Prices
Silver Price | Price | Change |
Silver Price Per Ounce | $67.97 | +$0.97 |
Silver Price Per Gram | $2.19 | +$0.03 |
Silver Price Per Kilo | $2,185.13 | +$31.03 |
Live Metal Spot Prices (24 Hours) Last Updated: 09/10/2026 at 2:55 AM EDT
You can follow the live silver price on our real-time chart, which updates continuously across the global trading day.
Silver Price Sep 10 2026 USD Per Ounce: Today’s Snapshot
The current silver spot price Sep 10 2026 stands at $67.97 per troy ounce, up roughly 1.44% on the day. Trading began at $66.375 against a prior close of $67.00, ran up to $68.973, then settled back into the upper $67 area. Set the session low of $66.130 against that high and you get a swing north of $2.80 an ounce in a single day, which is about as clear a read on market anxiety as you will find.
Here is the fuller picture on the silver spot price per ounce Sep 10 2026:
Metric | Value |
Last Price | $67.97 |
Previous Close | $67.00 |
Open | $66.375 |
Day’s Range | $66.130 – $68.973 |
52-Week Range | $41.330 – $121.785 |
Volume | 52,529 contracts |
1-Year Change | +64.38% |
Contract Size | 5,000 troy ounces |
The trailing twelve-month gain is the number that anchors the silver price rally 2026 Sep precious metals market story. Silver has added better than 64% over that stretch, and despite the steep retreat from the January peak north of $121, it still sits far above the $41.33 low that marks the bottom of its one-year band.
Silver Price Drivers Sep 10 2026: What Is Moving the Market
Six forces are tugging at silver right now, and they do not agree with each other. Sorting through them is what separates trading the headline from actually reading the market.
1. U.S.-Iran Escalation and the Safe-Haven Bid
Today’s move traces back to the widening military confrontation between Washington and Tehran. Attacks on Iranian crude carriers close to the nation’s main export terminal have pushed energy costs up hard, with WTI changing hands around $96.55 (a 3.78% jump) and Brent clearing $101 for the first time since May.
Expensive oil revives inflation worry, and inflation worry sends capital into tangible assets. Silver picked up a solid share of that flow. With talks between the two governments stalled, traders should assume a conflict premium stays baked into commodity pricing for the time being.
2. A Hawkish Fed Ahead of the September 15-16 Meeting
Working against silver is the rate backdrop. The 10-year Treasury yield has climbed to about 4.84%, a level last seen in 2008, after a worldwide bond rout that began when August payrolls landed at roughly triple what economists had penciled in. Futures markets now assign close to 70% probability to a Fed hike on September 15-16, and Governor Michael Barr added to that tone this week by indicating he is prepared to tighten further if inflation refuses to cool.
Rate increases hurt assets that pay you nothing to hold them, because bonds and cash start competing for the same dollars. Silver spent the session caught between that drag and the geopolitical bid, which is exactly why the intraday range stretched so far.
3. Friday’s August CPI Release
Desks are trimming and squaring positions ahead of Friday’s August Consumer Price Index report, the release most of the market treats as decisive for what the Fed does next week. Until that figure prints, expect low conviction and two-way chop in the silver spot price Sep 10 2026 market.
4. The Structural Supply Deficit
Underneath the daily headlines sits a supply picture that genuinely favors higher prices. The market is projected to run roughly 67 million ounces short in 2026, extending a run of consecutive annual shortfalls. Gaps that size do not close on command, because standing up new primary silver production is a multi-year exercise rather than a quarterly one.
5. Industrial Demand From Solar and Electronics
Close to half of the world’s silver gets consumed by industry, mostly solar photovoltaics and electronics. Gold has no equivalent demand base, and that difference explains why silver held up better than gold through the recent yield-driven washout and why it rebounds with more force. The gold-to-silver ratio eased to around 65.5 yesterday as silver led the way, comfortably inside its one-year band of 43.32 to 89.05.
UBS added a tailwind this week by lifting its silver forecast, framing the recent weakness as a trading dip rather than a break in the underlying trend.
6. A Softer U.S. Dollar
The Dollar Index sits near 98.79, off its recent peak, and that retreat has coaxed physical buyers back to the table. A cheaper dollar makes silver more affordable for overseas buyers, which offers modest support to the silver price Sep 10 2026 current quote.
Silver Price Sep 10 2026 Current Technical Picture
Silver has been grinding through a defined consolidation range, and the chart setup deserves attention if you trade this metal actively.
Key levels to know:
Level | Price | What It Means |
Upper resistance | $69.50 | Under test now, though ADX shows weak trend strength |
Range ceiling | $68.00 | Former breakout trigger, converting to support on strength |
SuperTrend | $67.98 | Short-term bull/bear pivot |
50-period SMA | $67.36 | Nearest momentum reference |
Range floor | $65.80 | Level that invalidates the bull case |
38.2% Fibonacci retracement | $65.14 | Adds weight to the support cluster |
200-period SMA | $62.94 | Trend stays constructive while price holds above |
So long as silver stays above the 200-period SMA at $62.94, the larger uptrend is unbroken. Clear the $68.00 to $69.50 shelf on a closing basis and $70.50 comes into play, followed by $71.40 and a stretch objective at $73.00. Lose $65.80 and sellers take the wheel, with $63.20, then $61.50, then $59.00 lining up underneath.
Investing.com’s composite technical read currently shows Strong Buy across the 30-minute, hourly, and 5-hour views, Neutral on the daily, Buy on the weekly, and Strong Buy on the monthly. A split like that is what you see when short-term momentum has run out ahead of a daily trend that has not committed yet.
Worth a warning: the pocket between $65.80 and $67.36 has been a low-conviction chop zone with real whipsaw risk. Thinning volume and indecisive candles have generated false breaks there more than once. In tape like this, how much you size matters more than which way you lean.
Silver Miners and Supply-Side News
The silver price rally 2026 Sep precious metals market story is also being written on the supply side, and three items landed in the past 24 hours.
Core Silver and Arcus restart the drill at Touleary. Arcus Development Group (TSXV: ADG) and Core Silver Corp. (CSE: CC, OTCQB: CCOOF) have put a diamond drill back to work at the Touleary Project in Yukon Territory, roughly 115 km south of Dawson, with about 3,000 meters planned. Nobody has drilled the ground since 2011. The rig starts at Target-1, known as the Discovery Zone, where every hole from the 2011 campaign cut meaningful copper, gold, zinc, and silver mineralization.
What makes the program worth watching is how little of the property anyone has tested. Earlier work covered somewhere around 335 meters of strike to roughly 250 meters vertical, against a geophysical anomaly that runs close to 3.5 kilometers. Target-4 and Target-8 have never seen a drill bit at all. Core Silver President and CEO Nick Rodway described the campaign as a chance to chase down those historical intercepts while keeping room to test untouched ground elsewhere on the claim block.
Nicola Mining reopens portals at Treasure Mountain. The company has brought portals back into service at its Treasure Mountain silver mine, one more indication that stronger pricing is pulling idle assets back into the conversation.
First Majestic reports high-grade results at San Dimas. Fresh drill results out of San Dimas strengthen the near-term production case for one of the larger primary silver producers in the space.
Read together, these three items point to a pattern we follow closely across the mining and commodities sector. Sustained higher prices are reopening exploration budgets and reviving projects that sat dormant through the lean years. None of that new supply, however, arrives quickly enough to plug the 2026 shortfall.
Silver ETF Performance Today
Silver-linked funds followed the metal higher:
ETF | Last | Change |
SLV (iShares Silver Trust) | $60.80 | +2.41% |
AGQ (ProShares Ultra Silver) | $84.38 | +4.68% |
SIVR (abrdn Physical Silver Shares) | $63.92 | +2.36% |
ZSL (ProShares UltraShort Silver) | $22.56 | -4.73% |
AGQ, the leveraged long vehicle, magnified the underlying gain, while the inverse ZSL fell hard. That is the textbook relationship you expect on a decisive up day for the metal.
How Silver Compares to Gold Today
Gold futures sit near $4,446.30, a modest 0.16% higher, putting the gold-to-silver ratio at roughly 65.4. Silver is clearly the stronger of the two today.
The gap makes sense. Gold trades almost entirely on monetary and crisis demand, so climbing real yields hit it head-on. Silver shares those monetary qualities but carries an industrial floor underneath from solar, electronics, and electrical end uses. When geopolitical risk is climbing and factory demand is steady, silver simply has more paths to a higher price.
If you follow both metals, our live gold price chart and the full metal charts hub let you line them up side by side across whatever timeframe you prefer.
What to Watch Next
Three things decide where the current silver price Sep 10 2026 goes from here:
- Friday’s August CPI print. A hot reading locks in the hike and weighs on silver. A softer one strips away the biggest obstacle and probably sends price at $70.50.
- The September 15-16 FOMC decision. With a hike roughly 70% priced, the risk is lopsided. A hold would be a meaningful upside surprise.
- The U.S.-Iran conflict path. For as long as tanker strikes and energy disruption persist, the safe-haven and inflation-hedge demand holds.
The setup heading into next week is unusual. Silver has legitimately bullish fundamentals behind it, a 67-million-ounce deficit, durable industrial demand, and rising geopolitical risk, all running straight into a legitimately bearish rate environment. Neither side has settled the argument, and that stalemate is precisely why the $65.80 to $69.50 band keeps holding.
Frequently Asked Questions
What is the current silver spot price Sep 10 2026?
Silver is quoted at $67.97 per troy ounce as of 2:55 AM EDT on Sep 10, 2026. That converts to $2.19 per gram and $2,185.13 per kilogram. The metal has added $0.97 an ounce today, worth roughly 1.44%.
What is the silver price Sep 10 2026 USD per ounce?
The metal is changing hands at $67.97 USD per ounce. It began the day at $66.375, reached $68.973 at the top of the range and $66.130 at the bottom, coming off a $67.00 close in the prior session.
Why is the silver price up today?
Fighting between the United States and Iran, including strikes on Iranian crude tankers, sent buyers into precious metals looking for protection against both crisis risk and inflation. A weaker dollar, a projected 2026 shortfall of about 67 million ounces, and reliable demand from solar and electronics manufacturers reinforced the move.
What are the main silver price drivers Sep 10 2026?
Six factors are in play: escalating U.S.-Iran hostilities, market pricing for a Fed hike at the September 15-16 meeting, Friday’s August CPI report, the ongoing 2026 supply deficit, industrial consumption from solar and electronics, and a softening U.S. dollar.
What is the 52-week range for silver?
Over the past year silver has changed hands anywhere between $41.330 and $121.785. Its record high of $121.67 per ounce was reached on January 29, 2026.
Is the silver price rally 2026 Sep precious metals market trend still intact?
Yes, on the evidence available. Silver has gained better than 64% across twelve months and continues to trade above the 200-period SMA at $62.94, which keeps the larger trend constructive. What happens next hinges on whether buyers can push through the $68.00 to $69.50 shelf or sellers break $65.80.
What is the gold-to-silver ratio today?
Gold near $4,446.30 against silver at $67.97 puts the ratio at approximately 65.4, sitting comfortably between the 43.32 and 89.05 extremes recorded over the past year.