Will Silver (SI) settle at $50-$60 in June?

Prediction markets put the probability at 13%: Will Silver (SI) settle at $50-$60 in June. Currently, markets see this as unlikely (13% YES). Current price of silver as of Friday, June 5, 2026.

What’s Happening

Spot silver was trading near $72.72 per ounce on Friday, June 5, 2026, down roughly $2.25 over the prior 24 hours but up approximately $37 over the trailing twelve months — a 103.70% year-on-year gain that places the metal far above the $50–$60 corridor in question. Silver futures (SI) printed at $75.495 per ounce, gaining 7.47% on the session, while micro silver futures tracked nearly identically at $75.48. For the market on whether silver (si) settle at $50-$60 in june to resolve YES, the metal would need to retrace between 17% and 33% from current levels before the monthly settlement window closes. [Fortune, Jun 5]

The macro backdrop continues to support elevated precious-metal pricing rather than a sharp pullback. On Tuesday, June 2, spot gold traded near $4,488.30 per ounce as a firmer U.S. dollar and rising crude oil — driven by Iran-related uncertainty — offset lower Treasury yields, with silver slipping modestly on dollar strength. By Friday, June 5, gold dipped below $4,500 after a stronger-than-expected U.S. payrolls release lifted yields and pressured the rate-cut trade, dragging silver lower in early trading. Analyst commentary cited in industry coverage flagged a potential extension of the bull run, with one outlook calling for gold at $4,920, a level that would historically correlate with silver well above the $50–$60 band. [Kitco, Jun 5]

Supply-side data adds further context to whether silver (si) settle at $50-$60 in june is achievable. The Perth Mint reported May silver product sales fell 27% month-on-month, while gold sales hit a more-than-one-year low — softness that traders read as fatigue at record-high pricing rather than weak underlying demand. Separately, industry coverage noted that solar silver thrifting — the effort by photovoltaic manufacturers to reduce silver loadings per cell — has not been sufficient to curb structural demand. Corporate activity also remained active, with Silver X buying out Barrick's stake at the Ccasahuasi project on June 4. With spot trading near $72–$75 and roughly four weeks remaining in the contract month, the gap to the $50–$60 zone implies a sustained, fundamentally driven sell-off that current data does not support. [Northern Miner, Jun 5]

Traded on Polymarket — $79K Volume

Lower-volume market on Polymarket ($79K). Wider spreads expected — enter with limit orders and be aware of slippage risk. Currently 10c YES.