Silver (SI=F) December futures opened at $51.52 per ounce on Wednesday, November 11, 2026, down 3.7% from Tuesday’s open. Silver prices are trading higher this morning, shifting to $52.75 as of 7:14 a.m. ET.
Silver prices moved lower this morning compared to yesterday’s open as Federal Reserve governor Michelle Bowman said Tuesday that inflation is broadening and that raising interest rates could be the only solution to slow the increases:
“Inflation pressures have persisted for longer than I had hoped and have shown recent signs of broadening,” Bowman said in a speech in Washington at the Council on Foreign Relations.
Data released Tuesday revealed that inflation remained sticky in October. The Consumer Price Index rose 0.4% in October, compared with expectations of 0.3%, marking a slight cooldown from September’s 0.6% gain. “Core” inflation, which strips out volatile food and energy prices, rose 0.3%, unchanged from September.
“The latest data suggest that these pressures may be broadening,” said Bowman. “It is important to ensure that those inflationary pressures do not intensify, further broaden, or become embedded in consumer and business expectations.
Keep reading: Fed’s Bowman says inflation is broadening: ‘There’s more work to do’ on rates
Current price of silver
Silver futures opened down 3.7% on Wednesday, November 11, 2026, compared to Tuesday’s open. Here’s how today’s opening silver price has changed versus last week, month, and year:
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One week ago: -0.8%
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One month ago: -15.1%
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One year ago: +2.2%
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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Price of silver chart
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.
52.60 +1.38 (+2.68%)
As of 8:53:30 AM EST. Market Open.
Silver vs. gold: Which made investors more money over the years?
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.
More silver coverage from the Yahoo Finance team:
