Silver price today, Wednesday, August 26, 2026: Silver prices hold, notching a 17% monthly gain
Silver price today, Wednesday, August 26, 2026: Silver prices hold, notching a 17% monthly gain
Source: Yahoo Personal Finance
―
DW NOTE
Silver has rallied 17% this month while the Strait of Hormuz is effectively closed and oil supply has dropped by 4 million barrels per day. The metal is still down 40% from its one-year high. Industrial demand for silver tracks manufacturing output, not refinery closures. Either this is a short-squeeze in a deeply oversold market, or someone is pricing monetary debasement that hasn't shown up in the inflation data yet.