Jota and Silva were killed in a car crash in northern Spain on July 3rd.
Liverpool's return to pre-season training was delayed until Tuesday as a result.
However, the match at English Championship side Preston will go ahead as scheduled in the first of Liverpool's pre-season friendlies.
A rendition of Liverpool's anthem 'You'll Never Walk Alone' will be played prior to the 16:00 CET kick-off, and Preston will lay a wreath in front of the away supporters.
A minute's silence will then be observed, digital tributes displayed on the stadium big screen and on pitchside advertising boards and players from both teams will wear black armbands.
Father of three Jota, who married his long-term partner Rute Cardoso 11 days before the accident, died alongside his brother after a Lamborghini they were travelling in came off the road and burst into flames.
Liverpool manager Arne Slot and a number of first-team players, led by captain Virgil van Dijk, attended Jota's funeral last Saturday.