The Hebrew word kesef כסף - "silver" or "money" and kisufim כיסופים - "longing", share the same root. What is the connection between the the two?
According to most scholars, both words derive from an earlier root meaning "white" or "pale".
For example, Klein, in his entry for the verb כסף - "to long for", writes:
Aram. כְּסַף (was pale, was white; whence ‘was white for shame’, ‘was ashamed’), Arab. kasapha (= was colorless, was obscured, was eclipsed — said of the sun or the moon).
As Stahl writes, both shame and yearning cause a person to become pale.
And Klein continues in his entry for kesef - "silver":
Related to Phoen. כסף, BAram. and Aram. כְּסַף, כַּסֽפָּא, Syr. כֻּסְפָּא, Ugar. ksp, Akka. kaspu. These words prob. derive from כסף and lit. mean ‘the pale metal’.In his concordance, Even Shoshan lists three meanings for kesef, seemingly in the order the senses developed:
1) the metal silver, which is the most frequent use of kesef in the Bible
2) an abbreviation of shekel kesef שקל כסף - "a weight of silver", which represents a particular value of silver, based on a standard weight
3) price, which only appears three times in the Bible. This sense is not connected to silver at all and developed into the common meaning today, "money."
One other word that may derive from this early meaning "white" is Caspian, as in the Caspian Sea. The Online Etymology Dictionary has this entry:
Caspian (adj.) of or pertaining to the great inland sea of central Asia, 1580s, from Latin Caspius, from Greek Kaspios, named for native people who lived on its shores (but who were said to be originally from the Caucasus), Latin Caspii, from a native self-designation, perhaps literally "white."
This site theorizes that the Semitic word may have come from the Sumerians, and from Mesopotamia, the word spread to the Caucasus.
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