Prediction markets put the probability at 6%: Will Silver (SI) settle at $80-$90 in June. Currently, markets see this as unlikely (6% YES). Current price of silver as of Friday, June 12, 2026.
Spot silver traded near $66 per ounce on Friday, June 12, 2026, posting a $2.88 uptick over the prior 24 hours and an 83.46% gain over the past year from $36.35 in June 2025, according to market data published by Fortune. The metal sits roughly 22.54% below its level of one month ago, when silver printed $86.10 on May 12, 2026, marking a sharp pullback from the spring peak. That month-ago print is the only recent window in which silver has traded inside the $80-$90 band relevant to the question of whether silver (SI) settle at $80-$90 in June will resolve YES. [Fortune, Jun 12]
The pullback from May highs has been driven by an unwind of the Hormuz risk premium that pushed precious metals to records earlier in the quarter. Kitco reported on June 12, 2026 that spot gold held above $4,200 while silver weakened in early U.S. trading as oil prices fell sharply on U.S.-Iran deal hopes, with equity futures edging higher ahead of the next inflation-expectations reading. On June 11, silver led metals higher on safe-haven demand tied to U.S.-Iran risk before a late-session pullback in crude oil, and on June 9 the metal rebounded near its 200-day moving average as traders positioned ahead of the May consumer price index. [Kitco, Jun 12]
For the contract on whether silver (SI) settle at $80-$90 in June to resolve YES, the front-month futures would need to close the June settlement window inside that band. With spot pricing near $66 on June 12 and the 10-year Treasury yield holding above 4.5%, the metal would require a rally of roughly 21% to reach the $80 floor before settlement. Friday's afternoon Kitco report noted precious metals firmed as crude slid and U.S. equities rose into the weekend on continued U.S.-Iran diplomatic signals, leaving the next directional catalysts as the inflation-expectations release and any concrete movement on the Iran negotiation track. [Kitco, Jun 12]
Lower-volume market on Polymarket ($50K). Wider spreads expected — enter with limit orders and be aware of slippage risk. Currently 6c YES.
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