Silver (XAG/USD) trades near $64.40 per ounce as of mid-September 2026, after volatile swings between roughly $63 and $69 earlier in the month amid shifting rate expectations. The primary near-term driver is the Federal Reserve’s September 15-16 FOMC meeting, where hotter-than-expected August CPI, PPI, and stronger nonfarm payrolls have lifted Treasury yields and the dollar while raising the implied probability of a 25-basis-point rate hike. These factors typically pressure non-yielding metals by increasing opportunity costs and supporting the U.S. dollar index. Industrial demand and persistent supply deficits provide underlying support, yet short-term price action remains tethered to real yields, the gold-silver ratio near 67-68, and any hawkish guidance from Chair Kevin Warsh. Traders will also monitor geopolitical developments around U.S.-Iran tensions for risk-sentiment shifts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated↑ $71
50%
↑ $70
50%
↑ $69
50%
↑ $68
50%
↑ $67
64%
↑ $66
72%
↑ $65
74%
↓ $64
74%
↓ $63
69%
↓ $62
63%
↓ $61
50%
↓ $60
50%
↓ $59
50%
↓ $58
50%
$0.00 Vol.
↑ $71
50%
↑ $70
50%
↑ $69
50%
↑ $68
50%
↑ $67
64%
↑ $66
72%
↑ $65
74%
↓ $64
74%
↓ $63
69%
↓ $62
63%
↓ $61
50%
↓ $60
50%
↓ $59
50%
↓ $58
50%
Only prices achieved during an applicable trading session of the specified timeframe's business days will be considered. The trading session for a given business day typically begins at 6:00 PM ET on the prior calendar date. Under the standard schedule, trading is open from 6:00:00 PM ET Sunday through 5:00:00 PM ET Friday, with a daily break from 5:00:00 PM ET to 6:00:00 PM ET, except where modified by holiday or special-session hours.
Prices will be used exactly as published by Pyth, without rounding.
If Silver (XAGUSD) does not trade at all during the listed time frame, this market will resolve to "No".
In the event of a contract specification change, feed change, or similar structural modification affecting the market during the listed time frame, this market will resolve based on adjusted prices as displayed on Pyth.
The resolution source for this market is Pyth — specifically, the Silver (XAGUSD) "High" and "Low" prices available at https://pythdata.app/explore/Metal.XAG%2FUSD, with the chart settings configured for 1-minute candles.
Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.
If the relevant Pyth data is unavailable due to a system outage, data failure, or other technical disruption that prevents verification of the required 1-minute candle data, the official daily high/low price published for the relevant CME COMEX futures contract for the underlying metal—COMEX Silver Futures (SI)—may be used to determine whether the listed price was reached during the applicable trading session.
Market Opened: Sep 11, 2026, 6:02 PM ET
Resolution Source
https://pythdata.app/explore/Metal.XAG%2FUSDResolver
0x65070BE91...Only prices achieved during an applicable trading session of the specified timeframe's business days will be considered. The trading session for a given business day typically begins at 6:00 PM ET on the prior calendar date. Under the standard schedule, trading is open from 6:00:00 PM ET Sunday through 5:00:00 PM ET Friday, with a daily break from 5:00:00 PM ET to 6:00:00 PM ET, except where modified by holiday or special-session hours.
Prices will be used exactly as published by Pyth, without rounding.
If Silver (XAGUSD) does not trade at all during the listed time frame, this market will resolve to "No".
In the event of a contract specification change, feed change, or similar structural modification affecting the market during the listed time frame, this market will resolve based on adjusted prices as displayed on Pyth.
The resolution source for this market is Pyth — specifically, the Silver (XAGUSD) "High" and "Low" prices available at https://pythdata.app/explore/Metal.XAG%2FUSD, with the chart settings configured for 1-minute candles.
Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.
If the relevant Pyth data is unavailable due to a system outage, data failure, or other technical disruption that prevents verification of the required 1-minute candle data, the official daily high/low price published for the relevant CME COMEX futures contract for the underlying metal—COMEX Silver Futures (SI)—may be used to determine whether the listed price was reached during the applicable trading session.
Resolution Source
https://pythdata.app/explore/Metal.XAG%2FUSDResolver
0x65070BE91...Silver (XAG/USD) trades near $64.40 per ounce as of mid-September 2026, after volatile swings between roughly $63 and $69 earlier in the month amid shifting rate expectations. The primary near-term driver is the Federal Reserve’s September 15-16 FOMC meeting, where hotter-than-expected August CPI, PPI, and stronger nonfarm payrolls have lifted Treasury yields and the dollar while raising the implied probability of a 25-basis-point rate hike. These factors typically pressure non-yielding metals by increasing opportunity costs and supporting the U.S. dollar index. Industrial demand and persistent supply deficits provide underlying support, yet short-term price action remains tethered to real yields, the gold-silver ratio near 67-68, and any hawkish guidance from Chair Kevin Warsh. Traders will also monitor geopolitical developments around U.S.-Iran tensions for risk-sentiment shifts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated

Beware of external links.
Beware of external links.
Frequently Asked Questions