Silver prices today, Monday, June 29, 2026: Silver prices trending lower

Silver futures are under pressure, opening at $59.30 per ounce on Monday, June 29, 2026, and slipping further to $58.78 shortly after the open. The article says silver has fallen 7% over the past week, down 21.5% versus a month ago, though it remains up 62.2% year over year. The near-term driver highlighted is macroeconomic: a June jobs report expected later in the week could reinforce the Fed’s ability to keep tightening against inflation, which would likely weigh on non-yielding precious metals like silver. The piece is framed as a consumer investing guide, outlining physical silver and silver ETFs as common ways for beginners to gain exposure, while noting ETF tax treatment and storage considerations for physical bullion. Overall, the market tone is bearish for silver in the short term despite strong longer-term gains.