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Silver stays below $60 as Iran conflict lifts oil prices

Silver September futures were $59.04 at the open and traded around $58.45 by 7:56 a.m. ET.

Friday, July 17, 2026 · Written up by our desk · Precious Metals

Silver prices remained below the $60 per ounce level on Wednesday, July 15, 2026, with September futures opening at $59.04 and slipping about 0.1% from Tuesday’s opening.

By 7:56 a.m. ET, silver futures were trading near $58.45, as the metal struggled to regain the $60 area amid continued U.S. and Iran military escalation, according to Yahoo Finance.

The article links the softer silver tone to renewed pressure in energy markets, noting oil prices rose more than 9% over the prior five days, as the U.S. maintained targeted strikes for a fourth day.

It also points to the Fed’s attention on September policy, describing how a weaker-than-expected inflation reading in June and the recent rebound in energy prices have contributed to renewed consideration of rate hikes.

Latest closeSilver $55.72 ▼2.4%

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