Silver prices today, Friday, June 12, 2026: Strong opening after Trump claims war is over

Silver futures opened sharply higher on Friday, June 12, 2026, with July contracts at $67.49 per ounce, up 5.5% from Thursday’s close and trading around $67.11 shortly after the open. The move was driven by easing geopolitical tensions after President Trump said the U.S. had halted further airstrikes and that the war in Iran was over. The article notes that silver often moves in tandem with gold on risk and geopolitical headlines, but cautions traders not to chase the news until there is clearer confirmation from Iran. If a U.S.-Iran deal materializes over the weekend, the article suggests silver could extend gains next week. The piece also highlights silver’s strong longer-term performance, including an 88.7% gain year over year, despite being down 7% over the past week and 22% over the past month.