Silver (SI=F) July futures opened at just $63.52 per ounce on Thursday, June 11, 2026, down 1.9% compared to Wednesday’s closing price of $64.74. The silver price is moving up slightly this morning, reaching $64.06 as of 7:00 a.m. ET.
Additional U.S. airstrikes against Iran yesterday evening sent silver and gold prices to their lowest opening levels since the end of 2025, as market observers generally expect the Strait of Hormuz to remain closed for the foreseeable future, further escalating inflationary pressures here in the U.S. and around the world.
The latest military actions only compound the negative CPI report released yesterday that confirmed what all analysts already knew: the energy shock caused by the war in Iran continues to drive consumer prices higher in the U.S.
With the Fed on tap to meet next week, you can bet rate increases will be a center point of discussions. A rate increase will only put more downward pressure on silver prices.
Current price of silver
The opening price of silver futures on Thursday was down 1.9% compared to Wednesday’s closing figure. Here’s how the opening silver price has changed versus last week, month, and year:
For context, silver’s year-over-year growth was 173.3% on May 14, 2026.
24/7 silver price tracking: Don’t forget you can monitor the current price of silver on Yahoo Finance 24 hours a day, seven days a week.
Want to learn more about the current top-performing companies in the silver industry? Explore a list of the top-performing companies in the silver industry using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria.
Looking for a gold alternative? How to invest in silver, platinum, and palladium.
Precious metals are in high demand. Although gold has historically been the headlining investment metal, silver, platinum, and palladium are quickly becoming popular portfolio diversifiers. Here are three easy, action-oriented steps to help you start investing in these precious metals:
1. Learn the risks, growth drivers, and purposes
2. Understand the ownership options
3. Define your goal and allocation
Keep reading to learn more: How to invest in silver, platinum, and palladium
Price of silver chart
Whether you’re tracking the price of silver since last month or last year, the price-of-silver chart below shows the precious metal’s value journey so far this year.
More silver coverage from the Yahoo Finance team:
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