Silver prices hit lowest level in three months

Silver futures prices fell on June 10 to their lowest level in three months, declining to $63.465 per ounce and marking their weakest level since March 23, 2026.

The drop represents a 2.73% decline from the previous session’s closing price of $65.24, Caliber.Az reports, citing CNBC.

Selling pressure has been driven by investors reassessing expectations for the Federal Reserve’s monetary policy.

Following strong US labour market data, the probability of a rate hike by October has risen to 40%.

This has pushed bond yields higher and strengthened the US dollar, reducing the appeal of non-yielding assets such as silver.

By Bakhtiyar Abbasov