Silver prices fell today due to intensified expectations of interest rate hikes.
2026-09-01 20:27:34
According to CoinMeta, on September 1, 2026, the price of silver opened at $67.28 per ounce today, up 0.4% from the closing price on Monday. However, as of 8:08 a.m. Eastern Time, the price of silver had fallen to $65.37. With the increasing expectations of interest rate hikes this month, silver prices showed a downward trend in the early session. Federal Reserve Chairman Kevin Warsh stated at last week's Jackson Hole Symposium that the Fed still has "work to do" in terms of price control. In addition, the United States launched its first attacks on Iranian military targets over the weekend, and President Trump threatened that more strikes would be taken if Iran retaliated. Affected by this, oil prices rose by 1.36% in the past day. Experts predict that by the end of 2026, silver prices will exceed $80 per ounce, and may reach $100 by 2030.
Source:Internet
This content is for market information only and does not constitute investment advice.
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