Silver Prices Remain Steady After Fed Rate Hike
On Thursday, September 17, 2026, silver prices opened lower but rebounded in early trading after the Federal Reserve raised interest rates for the first time in three years. Silver futures (SI=F) initially dropped by 2.3% to $63.42 per ounce before rising back above $64.57 as of 7:10 a.m. ET. The market reaction was relatively muted, with silver and gold prices showing little movement following the Fed's decision. Confidence in markets appears bolstered by reports that oil will soon flow normally again through Saudi Arabia’s East-West pipeline after earlier damage caused price spikes. Oil prices were reported at nearly $108 a barrel on Wednesday but had dropped to just under $100 as of Thursday morning. Silver has seen significant year-over-year growth, with the current one-year change standing at +51.4%. Despite recent volatility and declines from earlier highs (such as 173.3% annual gains in May), silver remains a popular investment option for portfolio diversification.
Topics: fed_rate_hike oil_prices silver