Silver Price in June 2020
In June 2020, silver rose 0.5%, from $18.44 at the end of May to $18.54 per troy ounce on June 30, 2020. The highest close was $18.77 on June 1, 2020, the lowest $17.38 on June 15, 2020, and the average over 22 trading days was $17.87. Today's price is 190.2% higher than the June 2020 close.
- Silver rose 0.5% in US dollars in June 2020, leaving it up 4.0% for the year to date.
- Measured in other currencies, the change ranged from −2.9% in AUD to +5.0% in PKR, because exchange rates moved too.
- It did better than bitcoin (−3.4%), and worse than gold (+2.8%) and US stocks (+2.0%).
- It closed higher on 13 trading days and lower on 9, with an average daily move of 1.40%.
- At the end of the month it was 61.8% below its highest close since 2000.
- Gold/silver ratio: 95.0 → 97.1.
Silver price chart, June 2020
US dollars per troy ounce · daily closeSilver in other currencies, June 2020
| Currency | Change in the month |
|---|---|
| PKR | +5.0% |
| MXN | +4.4% |
| TRY | +1.1% |
| GBP | +0.6% |
| JPY | +0.5% |
| INR | +0.2% |
| CAD | −0.3% |
| CNY | −0.4% |
| ZAR | −0.9% |
| EUR | −1.0% |
| AUD | −2.9% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes silver rise more in local terms.
Silver vs other assets, June 2020
| Asset | Change (USD) |
|---|---|
| Silver | +0.5% |
| Gold | +2.8% |
| Bitcoin | −3.4% |
| S&P 500 (with dividends) | +2.0% |
| US inflation (CPI, month) | +0.55% |
| Silver, year to date (end of June) | +4.0% |
| Gold/silver ratio | 95.0 → 97.1 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, June 2020
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 999 India, ₹ per kg | UAE, AED per kg |
|---|---|---|---|---|---|
| Jun 1Mon | $18.77 | +1.78% | $0.60 | ₹45,565 | AED 2,216.01 |
| Jun 2Tue | $18.21 | −2.99% | $0.59 | ₹44,330 | AED 2,149.59 |
| Jun 3Wed | $17.92 | −1.57% | $0.58 | ₹43,251 | AED 2,116.11 |
| Jun 4Thu | $18.02 | +0.57% | $0.58 | ₹43,777 | AED 2,127.99 |
| Jun 5Fri | $17.44 | −3.22% | $0.56 | ₹42,336 | AED 2,059.78 |
| Jun 8Mon | $17.87 | +2.44% | $0.57 | ₹43,383 | AED 2,109.97 |
| Jun 9Tue | $17.77 | −0.53% | $0.57 | ₹43,216 | AED 2,098.47 |
| Jun 10Wed | $17.78 | +0.01% | $0.57 | ₹43,155 | AED 2,098.71 |
| Jun 11Thu | $17.87 | +0.52% | $0.57 | ₹43,590 | AED 2,109.69 |
| Jun 12Fri | $17.46 | −2.28% | $0.56 | ₹42,887 | AED 2,061.63 |
| Jun 15Mon | $17.38 | −0.48% | $0.56 | ₹42,441 | AED 2,051.61 |
| Jun 16Tue | $17.63 | +1.46% | $0.57 | ₹43,071 | AED 2,082.10 |
| Jun 17Wed | $17.76 | +0.71% | $0.57 | ₹43,762 | AED 2,096.46 |
| Jun 18Thu | $17.49 | −1.49% | $0.56 | ₹43,053 | AED 2,065.29 |
| Jun 19Fri | $17.83 | +1.94% | $0.57 | ₹43,801 | AED 2,105.32 |
| Jun 22Mon | $17.89 | +0.31% | $0.58 | ₹43,851 | AED 2,112.04 |
| Jun 23Tue | $18.05 | +0.92% | $0.58 | ₹43,985 | AED 2,131.17 |
| Jun 24Wed | $17.66 | −2.18% | $0.57 | ₹42,924 | AED 2,084.77 |
| Jun 25Thu | $17.88 | +1.27% | $0.57 | ₹43,679 | AED 2,111.34 |
| Jun 26Fri | $18.02 | +0.78% | $0.58 | ₹43,772 | AED 2,127.87 |
| Jun 29Mon | $17.98 | −0.24% | $0.58 | ₹43,714 | AED 2,122.56 |
| Jun 30Tue | $18.54 | +3.12% | $0.60 | ₹45,125 | AED 2,189.02 |
How June usually goes for silver
In the 20 years from 2006 to 2025, silver rose in June 7 times out of 20, with an average move of −2.0% and a median of −3.2%.
Silver in June 2020: FAQ
What was the price of silver in June 2020?
Silver traded between $17.38 and $18.77 per troy ounce (daily closes) in June 2020, averaging $17.87. It closed the month at $18.54.
How much did silver go up in June 2020?
Silver rose 0.5%, from $18.44 to $18.54. The biggest daily rise was +3.1% on June 30, 2020 and the biggest fall −3.2% on June 5, 2020.
What was the silver price on June 1, 2020?
Silver closed at $18.77 per troy ounce on June 1, 2020, the first trading day of the month. 999 India, ₹ per kg: ₹45,565.
Is June usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in June 7 times out of 20, with an average move of −2.0% and a median of −3.2%. Past seasonal patterns are not a reliable guide to any single year.
How much did silver change in rupees in June 2020?
Silver rose 0.2% in Indian rupee terms in June 2020, compared with +0.5% in US dollars.
Did silver beat stocks in June 2020?
No. Silver was +0.5% for the month, against +2.0% for the S&P 500 with dividends.
Did silver keep up with inflation in June 2020?
US consumer prices (CPI) changed +0.55% in June, so silver's real (inflation-adjusted) change was about 0.0%.