Will silver hit $60/oz by close on Friday?

Resolution criteria This market will resolve to YES if the spot price of silver (XAG/USD) touches $60.00 per troy ounce or lower at any point between market creation and the close of trading on Friday, June 12, 2026. If the price remains strictly above $60.00 per ounce throughout this timeframe, the market will resolve to NO. Primary Source of Truth: Trading Economics Silver Price Secondary Source of Truth: CNBC Silver Futures (SI.1) Resolution Time: Based on the daily trading data up to the close of NYMEX/COMEX trading on Friday, June 12, 2026 (typically 5:00 PM Eastern Time). Intraday lows on these feeds will count toward a YES resolution. Background As of Wednesday, June 10, 2026, the spot price of silver is trading at approximately $64.00 to $65.00 per ounce. The metal is currently in a sharp correction, having shed nearly half of its value since hitting an all-time high of $121.64 on January 29, 2026. Recent downward pressure on precious metals has been driven by a stronger-than-expected US jobs report on June 6, 2026, which fueled expectations of higher Federal Reserve interest rates, alongside rising Treasury yields and a strengthening US dollar. This market tests whether silver's downward momentum will carry it past the key psychological support level of $60.00 before the end of the trading week.