Silver Prices Hit Weekly High on September 18, 2026
On Friday, September 18, 2026, silver prices surged to a weekly high amid shifting market dynamics. Silver futures opened at $65.76 per ounce but quickly climbed above $67 during the morning session before settling near that level later in the day. This marked a significant rebound from recent trading ranges between $63 and $64. The price movement followed the Federal Reserve's decision to raise interest rates for the first time in three years, which helped ease inflation concerns among investors. The recovery also coincided with progress on restoring Saudi Arabia’s East-West pipeline, contributing to a drop in oil prices from over $107 per barrel earlier in the week. Silver has shown strong year-over-year growth of 57.7% compared to this date last year and reached as high as 173.3% annual gains in May. Investors are also reminded that silver is taxed differently than stocks, with physical precious metals classified by the IRS as collectibles subject to a maximum long-term capital gain tax rate of 28%, which can be higher for some investors compared to stock investments.
Topics: commodities inflation interest_rates