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Amplify Junior Silver Miners ETF drops 11% after silver prices fall on strong US jobs data

Market News
07 Jun 2026
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Bearish
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Amplify Junior Silver Miners ETF (SILJ) fell 11% in one day following a 7% drop in silver prices triggered by stronger-than-expected US May payrolls data. The rise in Treasury yields and a stronger dollar pressured silver and related junior mining stocks, which are more sensitive to metal price changes due to higher operational costs. SILJ has dropped 15% over the past month but still shows a 77% gain over the past year. Investors should watch upcoming junior miner earnings, potential mergers and acquisitions, and industrial demand reports to gauge future performance amid ongoing monetary pressures.

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