On Monday, September 14, 2026, December silver futures opened at $64.79 per ounce, down 0.6% from Friday's close, and had fallen to $63.35 by 7:18 AM ET. Silver prices extended Friday's losses, primarily due to renewed attacks in the Middle East over the weekend and increased expectations of a Federal Reserve interest rate hike. A key oil pipeline in Saudi Arabia was attacked and temporarily shut down, while there were also reports of Saudi homes and a mosque being attacked by Iran and its allies. The CME Group FedWatch Tool shows that the probability of a rate hike this week has risen to 86.5% from 69.4% on Friday morning.