Silver July (SI=F) futures opened at $61.30 today, down 6% compared to yesterday’s opening price.
The price of silver continued to fall this morning, reaching $59.32 as of 8:18 a.m
ET. Silver prices opened at their lowest level all week and fell further this morning, breaching the $60 mark. Silver prices haven’t opened below $60 since December 9, 2025, when silver started the day at $57.62.
Gold and silver prices continue to struggle in tandem, with silver faring even worse than gold. Like gold, silver prices face familiar headwinds: a strengthening dollar and rate increases on the horizon. Add in the fact that certain industries are reducing their silver usage, and times are particularly tough for silver prices at the moment.