According to CoinMeta, on August 3, 2026, the price of silver opened higher due to the United States suspending airstrikes against Iran. In September, the futures price opened at $58.65 per ounce, a 1.5% increase from the closing price of last Friday. However, the price of silver fell back to $58.03 this morning. Trump stated that, at the request of Middle Eastern allies, the airstrikes planned for the night of that week were suspended in order to restart peace negotiations. Although the price of silver opened higher than last Friday's closing price, it continued to decline this morning.