Silver (SI=F) September futures opened at $59.30 per ounce on Monday, June 29, 2026, 0.6% decrease than Friday’s closing worth of $59.67. The worth of silver moved even decrease this morning to $58.78 by 8:17 a.m. ET.
The worth of silver has trended decrease by 7% since this time final week, when it opened at $63.85, in comparison with this morning’s opening worth of $59.30.
The June jobs report is ready to be launched on Thursday, exhibiting extra jobs and a steady unemployment price, permitting the Fed to focus extra squarely on controlling inflation, probably by future price will increase, which might solely put extra downward strain on silver costs.
Present worth of silver
The opening worth of silver futures on Monday was down 0.6% in comparison with Friday’s shut. Here is how the opening silver worth has modified versus final week, month, and yr:
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One week in the past: -9.5%
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One month in the past: -21.5%
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One yr in the past: +62.2%
For context, silver’s year-over-year progress was 173.3% on Could 14.
24/7 silver worth monitoring: Remember you may monitor the present worth of silver on Yahoo Finance 24 hours a day, seven days every week.
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How inexperienced persons can spend money on silver
There are a number of methods to spend money on silver, from shopping for the metallic itself to picking monetary merchandise tied to its worth. Here is how every possibility works.
Bodily silver
Probably the most direct option to spend money on silver is to purchase it in bodily kind, both as bullion bars or government-minted cash. This provides you direct possession of the metallic, with no counterparty threat from an change or monetary establishment.
The trade-off is logistics. You will want to consider storage, safety, and probably insurance coverage. Sellers additionally cost a markup above the spot worth, which suggests costs must rise sufficient to cowl that premium earlier than you are in revenue. Nonetheless, for traders who need tangible possession of their property, bodily silver is a simple possibility.
Silver ETFs
Silver exchange-traded funds (ETFs) commerce on inventory exchanges the identical manner particular person shares do. Some ETFs maintain bodily silver immediately, giving shareholders fractional possession of actual metallic. Others spend money on silver mining firms somewhat than the commodity itself.
ETFs are usually essentially the most accessible and liquid option to get silver publicity. You should purchase and promote them by any customary brokerage account, and there is no storage or insurance coverage to fret about.
Have in mind, although, that some silver funds are taxed as collectibles somewhat than investments, which might imply the next tax price. It is value confirming the tax remedy with knowledgeable earlier than investing. You will additionally must regulate expense ratios.
Learn extra: 5 methods to spend money on silver for inexperienced persons
Worth of silver chart
Whether or not you are monitoring the value of silver since final month or final yr, the price-of-silver chart under exhibits the dear metallic’s worth journey to date this yr.
Extra silver protection from the Yahoo Finance staff: