Silver Futures (SI=F) Jump in Early Trading on June 1, 2026, as Mideast Tensions Spike

Silver July futures (SI=F) reversed early declines on Monday, rising to $76.12 per ounce by 7:33 a.m. ET after opening at $74.10, which was 2.3% below Friday’s settlement. The quick rebound put the metal on track for a positive start to the week. The move came as escalating Middle East violence stoked safe-haven demand. Israel expanded ground operations in Lebanon over the weekend, and Hezbollah reportedly launched hundreds of projectiles at advancing Israeli forces. The flare-up coincides with expectations that President Trump will sign a U.S.-Iran ceasefire extension, adding further uncertainty. Silver prices had mostly drifted lower last week, leaving room for upside. Year-over-year gains stood at 173.3% as of May 14. Analysts suggest the metal has scope to climb further if geopolitical risks intensify.