Silver prices today, Monday, June 29, 2026: Silver prices are trending down

Silver (SI=F) September futures opened at $59.30 per ounce on Monday, June 29, 2026, 0.6% lower than Friday’s closing price of $59.67. The price of silver fell further this morning to $58.78 at 8:17 am ET.

The price of silver is down 7% from this time last week, when it opened at $63.85, compared to this morning’s opening price of $59.30.

The June jobs report is expected to be released on Thursday, showing more jobs and a stable unemployment rate, allowing the Fed to focus more on controlling inflation, which is likely through future rate hikes, which could put further downward pressure on silver prices.

Current price of silver

The opening price of silver futures on Monday was down 0.6% compared to Friday’s close. Here’s how the opening silver price has changed over the past week, month, and year:

• One week ago: -9.5%

• One month ago: -21.5%

• One year ago: +62.2%

For context, silver’s year-over-year growth was 173.3% on May 14.

24/7 silver price tracking: Don’t forget you can monitor the current silver price 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? Check out a list of the best performing companies in the silver industry using the Yahoo Finance Screener. You can create your own screens with over 150 different test criteria.

How beginners can invest in silver

There are several ways to invest in silver, from buying the metal itself to choosing financial products that are tied to its price. Here’s how each option works.

Real silver

The most direct way to invest in silver is to buy it in physical form, such as bullion bars or government minted coins. This gives you direct ownership of the metal, without risk from another country or financial institution.

The trade-off is logistics. You will need to think about storage, security, and possible insurance. Sellers also charge a markup above the spot price, meaning prices need to rise enough to cover that premium before you can make a profit. However, for investors who want tangible ownership of their assets, physical silver is the right choice.

Silver ETFs

Silver exchange-traded funds (ETFs) trade on the stock market in the same way as individual stocks. Some ETFs hold physical silver directly, giving shareholders partial ownership of the physical metal. Some invest in silver mining companies instead of the commodity itself.

ETFs are generally the most accessible and liquid way to gain exposure to silver. You can buy and sell them through any standard brokerage account, and there’s no storage or insurance to worry about.

However, keep in mind that some silver coins are taxed as accumulations rather than investments, which can mean a higher tax rate. It is advisable to ensure professional tax management before investing. You will also need to keep an eye on cost estimates.

Read more: 5 ways to invest in silver for beginners

Silver chart value

Whether you’re tracking the price of silver from last month or last year, the silver price chart below shows the precious metal’s price journey so far this year.

More silver coverage from the Yahoo Finance team: