Historical backfill: compiled on October 4, 2026; the observation date is 2026-06-09. Stocks and ETFs use regular-session closing prices; silver uses Yahoo Finance historical daily records whose precise cutoff has not been independently verified.
On June 9, Yahoo Finance’s SI=F silver-futures daily record fell about 4.9% from the previous session, against a roughly 1.6% decline in gold ETF GLD. Silver fell more sharply, but this compares a futures quotation with an ETF market price, not matching spot returns. Contract switches and trading-hour differences can affect the futures series; its change is not the total return from holding one unchanged contract.
DXY slipped about 0.1%, while the ten-year real yield edged down from 2.21% to 2.20%. These daily records did not move toward the stronger dollar and higher real yields commonly associated with metal weakness. Their different cutoffs still leave the contribution of those variables unidentified.
QQQ and SMH each lost about 1.2%, while long-duration Treasury ETF TLT gained roughly 0.6%. Long bonds provided a price cushion that the metals did not share. These quotations establish neither a flow from silver into bonds nor a sudden deterioration in industrial demand. One day’s silver loss also cannot invalidate a longer-term supply-and-demand case.
Sources: Yahoo Finance historical daily prices SI=F, GLD, TLT, QQQ, SMH; DXY history; 10-year real yield. Stock and ETF prices refer to the 2026-06-09 New York regular-session close; stock and ETF daily changes compare historical closing prices for adjacent trading sessions. Historical closing prices for QQQ, SMH, TLT were also checked against Nasdaq for the cited dates; that check is limited to these dates and instruments. The vendor’s adjustment rules have not been independently verified; investor total returns were not calculated. FRED historical observations were retrieved during compilation; real-time vintages were not reconstructed. Mechanism interpretations are research judgments. Silver figures use Yahoo Finance SI=F historical daily records, comparing the article date with the preceding session. Historical quote cutoffs, delivery-month mapping and roll adjustments have not been independently reconstructed; these changes do not establish same-contract settlement changes or spot returns. Dollar-index figures use Yahoo Finance DX-Y.NYB daily records; the provider’s daily cutoff has not been reconstructed, so they are not treated as synchronous with regular stock and ETF closes. Personal research and opinion for information only; not investment advice.