---
title: "Why Is Silver Up 6% Today, 6/12/26?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289629435.md"
description: "Silver futures rose over 6% on June 12, 2026, as the U.S. and Iran neared a peace deal. The potential resolution of conflict is expected to lower oil prices and inflation expectations, reducing the likelihood of higher interest rates. This decrease in opportunity cost benefits silver, which yields no interest. Despite this daily gain, silver remains down approximately 20% over the past month."
datetime: "2026-06-12T18:13:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289629435.md)
  - [en](https://longbridge.com/en/news/289629435.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289629435.md)
---

# Why Is Silver Up 6% Today, 6/12/26?

Silver (XAGUSD) futures are up by over 6% on Friday as the U.S. and Iran edge closer to a peace deal. However, the precious metal is still down by about 20% over the past month.

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An end to the war will likely result in a recovery of traffic through the Strait of Hormuz. That could send oil and gas prices lower and ease inflation expectations. With lower inflation, the odds of higher interest rates fall. That directly benefits silver because it doesn't pay out interest. In other words, the opportunity cost of holding silver relative to interest-bearing assets goes down.

## **U.S.-Iran Deal Inches Closer**

President Trump told _Axios_ that a deal could be signed by Monday. Iran is also optimistic, with Iranian Foreign Minister Abbas Araghchi saying this morning that an agreement has "never been closer."

Many silver investors were caught off guard by silver's decline after the war began on February 28. That's because silver is seen as a safe-haven asset and store of value. However, the prospect of higher rates outweighed its safe-haven appeal.

### Related Stocks

- [AGQ.US](https://longbridge.com/en/quote/AGQ.US.md)
- [PSLV.US](https://longbridge.com/en/quote/PSLV.US.md)
- [SIVR.US](https://longbridge.com/en/quote/SIVR.US.md)
- [ZSL.US](https://longbridge.com/en/quote/ZSL.US.md)
- [SLV.US](https://longbridge.com/en/quote/SLV.US.md)
- [SLVR.UK](https://longbridge.com/en/quote/SLVR.UK.md)

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