Silver Prices Rise Ahead of Anticipated Fed Rate Hike
On Wednesday, September 16, 2026, silver prices rose as traders anticipated the Federal Reserve's first rate hike in three years. Silver futures opened at $64.18 per ounce and briefly reached $65.08 during morning trading. The CME Group’s FedWatch tool indicated a 92.5% probability of a 25 basis point increase, up from previous days' probabilities. Higher interest rates typically weigh on precious metals like silver because they offer no yield. Silver prices have fluctuated significantly over the past year, with a one-year return of +51.1%. In contrast to gold’s long-term outperformance since the 1970s, silver is more volatile due to its industrial applications in electronics and solar panels. The article also highlights various investment options for those interested in tracking or investing in silver. Market participants are closely watching both price movements and central bank policy decisions as they assess potential impacts on precious metals.
Topics: fed_interest_rates silver