Silver rose above $68 an ounce on Tuesday after Iran and Israel agreed to halt attacks against each other, alleviating fears of a wider escalation that raises energy-driven inflationary risks. President Donald Trump also said both sides were seeking an immediate ceasefire and that final negotiations were moving forward. Still, silver remained near its lowest level since late March as the dollar and Treasury yields rallied following stronger-than-expected US jobs data, reinforcing expectations that the Federal Reserve could raise interest rates by year-end. Markets are now pricing in roughly a 70% chance of a quarter-point rate increase in December. Investors are also awaiting US CPI and PPI data later this week for fresh signals on the Fed’s policy outlook.

Silver rose to 68.40 USD/t.oz on June 9, 2026, up 0.38% from the previous day. Over the past month, Silver's price has fallen 20.55%, but it is still 87.00% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Silver reached an all time high of 121.64 in January of 2026. Silver - data, forecasts, historical chart - was last updated on June 9 of 2026.

Silver rose to 68.40 USD/t.oz on June 9, 2026, up 0.38% from the previous day. Over the past month, Silver's price has fallen 20.55%, but it is still 87.00% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Silver is expected to trade at 68.21 USD/t. oz by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 82.08 in 12 months time.



Price Day Month Year Date
Gold 4,330.15 13.19 0.31% -8.56% 30.11% Jun/09
Silver 68.44 0.298 0.44% -20.50% 87.10% Jun/09
Copper 6.40 0.0994 1.58% -0.19% 31.26% Jun/09
Steel 3,137.00 1.00 0.03% -3.09% 6.23% Jun/09
Lithium 163,750.00 0 0% -16.13% 171.33% Jun/09
Platinum 1,763.30 12.00 0.69% -17.07% 44.87% Jun/09
Iron Ore 101.05 -0.95 -0.93% -9.31% 5.68% Jun/08


Silver
Silver is a widely traded precious metal with both industrial and investment applications. It is used extensively in electronics, solar panels, and medical technologies, while also serving as a store of value and portfolio diversification tool. As a result, silver prices are influenced by both industrial demand and investor sentiment. Silver futures and options are traded on major exchanges such as the COMEX, where they are used by mining companies, manufacturers, and investors to manage price risk. Standard futures contracts typically represent 5,000 troy ounces. On the supply side, Mexico, Peru, and China are the largest producers globally, followed by Australia, Chile, Bolivia, the United States, Poland, and Russia. Silver prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
68.40 68.14 121.64 3.53 1975 - 2026 USD/t. oz Daily

News Stream
Silver Finds Support on Ceasefire Optimism
Silver rose above $68 an ounce on Tuesday after Iran and Israel agreed to halt attacks against each other, alleviating fears of a wider escalation that raises energy-driven inflationary risks. President Donald Trump also said both sides were seeking an immediate ceasefire and that final negotiations were moving forward. Still, silver remained near its lowest level since late March as the dollar and Treasury yields rallied following stronger-than-expected US jobs data, reinforcing expectations that the Federal Reserve could raise interest rates by year-end. Markets are now pricing in roughly a 70% chance of a quarter-point rate increase in December. Investors are also awaiting US CPI and PPI data later this week for fresh signals on the Fed’s policy outlook.
2026-06-09
Silver Rebounds from Over Two-Month Low
Silver erased earlier losses to rebound toward $69 an ounce on Monday, recovering from an over two-month low of $67.3 hit on Friday, as investors assessed the latest Middle East developments. Israel agreed to halt strikes on Iran at US President Donald Trump’s request but vowed to continue heavy bombing in Lebanon. Meanwhile, tensions escalated along the Israel-Lebanon border, with mutual shelling reported. Earlier, Trump had called for an immediate ceasefire, and Tehran paused its operations against Israel while warning against strikes on southern Lebanon. Rising oil prices, inflation worries and last week’s strong US jobs report boosted expectations of a Federal Reserve rate hike, with markets pricing in a 70% chance of a December hike, up from 45% a week ago, according to the CME FedWatch tool. Investors now await key inflation data, including Wednesday’s CPI and Thursday’s PPI, for further monetary policy clues.
2026-06-08
Silver Extends Fall on Middle East Escalation
Silver slipped below $67 an ounce on Monday, falling to its lowest level in more than two months after Iran and Israel exchanged missile strikes, raising concerns that the latest escalation could undermine President Donald Trump's efforts to secure a new 60-day ceasefire agreement with Tehran. Trump urged both sides to avoid further military action and reiterated that negotiations remain ongoing. Meanwhile, the prolonged conflict and the continued near-closure of the Strait of Hormuz have disrupted energy supplies from the Persian Gulf, supporting higher oil prices and heightening inflation concerns. At the same time, stronger-than-expected US employment data weighed on precious metals by reinforcing expectations that the Federal Reserve could raise interest rates later this year. Markets are now pricing in roughly a 70% chance of a Fed rate hike in December, up from around 50% before the jobs report.
2026-06-08