Silver prices today, Thursday, May 28, 2026: Opening lower this morning after U.S. targets Iranian drones

Silver (SI=F) July futures opened astatine conscionable $72.65 per ounce connected Thursday, down 3% compared to Wednesday’s closing terms of $74.89. The metallic terms roseate this morning, reaching $73.20 arsenic of 7:04 a.m. ET.

Reports of caller attacks by the U.S. subject successful and astir the Strait of Hormuz person the satellite watching. The U.S. reported it launched antiaircraft attacks against aggregate Iranian drones headed for a vessel successful the strait and deed a drone-launching tract adjacent the strait.

Control implicit the Strait of Hormuz remains a cardinal constituent of contention betwixt the U.S. and Iran. Investors proceed to bent connected to immoderate signs of progress, specified arsenic an Iranian study yesterday saying that a caller draught of a connection aimed astatine reopening the strait was successful the works. However, these latest attacks and the president’s comments that “nobody’s going to power [the strait]” person each investors moving cautiously erstwhile again this morning.

Current terms of metallic

The opening terms of metallic futures connected Thursday was down 3% compared to Wednesday’s closing figure. Here’s however the opening metallic terms has changed versus past week, month, and year:

• One week ago: -3.1%

• One period ago: -0.8%

• One twelvemonth ago: +119.2%

For context, silver’s year-over-year maturation was 173.3% connected May 14.

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Price of metallic illustration

Whether you’re tracking the terms of metallic since past period oregon past year, the price-of-silver illustration beneath shows the precious metal’s worth travel truthful acold this year.

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• 3 predictions astir metallic prices successful the adjacent decade

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