Silver traded at $67 per ounce on Friday, heading for a fifth consecutive weekly decline, as investors balanced growing optimism over a potential US-Iran peace deal against mounting expectations of higher interest rates. US President Donald Trump suggested a deal could be reached as early as this weekend, though Tehran has yet to confirm a final decision. Since the Iran conflict began, silver has come under pressure amid concerns that surging energy costs could push inflation higher, reinforcing expectations that central banks will keep interest rates elevated. The European Central Bank raised interest rates on Thursday for the first time since 2023 and upwardly revised its inflation forecasts for 2026 and 2027. Additionally, US producer prices climbed 6.5% year-over-year in May, highlighting the inflationary impact of the Middle East energy shock and strengthening expectations of a Federal Reserve rate hike this year.

Silver rose to 67.76 USD/t.oz on June 12, 2026, up 0.63% from the previous day. Over the past month, Silver's price has fallen 22.51%, but it is still 86.62% 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 14 of 2026.

Silver rose to 67.76 USD/t.oz on June 12, 2026, up 0.63% from the previous day. Over the past month, Silver's price has fallen 22.51%, but it is still 86.62% 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 68.42 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 82.84 in 12 months time.



Price Day Month Year Date
Gold 4,222.00 9.25 0.22% -9.91% 22.99% Jun/12
Silver 67.76 0.422 0.63% -22.51% 86.62% Jun/12
Copper 6.43 0.1715 2.74% -3.09% 35.66% Jun/12
Steel 3,152.00 20.00 0.64% -1.90% 7.47% Jun/12
Lithium 170,500.00 4000 2.40% -14.96% 181.12% Jun/12
Platinum 1,712.20 46.50 2.79% -22.08% 41.66% Jun/12
Iron Ore 101.62 0.02 0.02% -8.68% 6.54% Jun/12


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
67.76 67.34 121.64 3.53 1975 - 2026 USD/t. oz Daily

News Stream
Silver Nears Fifth Weekly Loss
Silver traded at $67 per ounce on Friday, heading for a fifth consecutive weekly decline, as investors balanced growing optimism over a potential US-Iran peace deal against mounting expectations of higher interest rates. US President Donald Trump suggested a deal could be reached as early as this weekend, though Tehran has yet to confirm a final decision. Since the Iran conflict began, silver has come under pressure amid concerns that surging energy costs could push inflation higher, reinforcing expectations that central banks will keep interest rates elevated. The European Central Bank raised interest rates on Thursday for the first time since 2023 and upwardly revised its inflation forecasts for 2026 and 2027. Additionally, US producer prices climbed 6.5% year-over-year in May, highlighting the inflationary impact of the Middle East energy shock and strengthening expectations of a Federal Reserve rate hike this year.
2026-06-12
Silver Holds Gains on Iran Deal Prospects
Silver eased below $67 an ounce on Friday but held most of the gains from the previous session, as growing optimism over an imminent peace deal between the US and Iran eased concerns about persistent inflation and potential interest rate hikes. President Donald Trump said a deal with Iran could be reached as early as this weekend after postponing planned attacks and warning that the US could target the country's oil infrastructure. Iran's semi-official Fars news agency also reported that Tehran was likely to accept the agreement, although no final text has been approved. Meanwhile, the ECB raised interest rates on Thursday for the first time since 2023 and lifted its inflation forecasts for 2026 and 2027. Data also showed US producer prices climbed 6.5% year-on-year in May, highlighting the inflationary effects of the Middle East energy shock and reinforcing expectations of a Federal Reserve rate increase this year.
2026-06-11
Silver is up by 5.01%
Silver increased 5.01% to 66.571 USD/t.oz
2026-06-11