Silver price snaps back toward $85 after margin jolt — here’s what traders watch next
Spot silver surged 7.4% to $85.08 an ounce Tuesday, rebounding after a record 27% plunge last week and further losses Monday. Traders cited bargain-hunting after CME margin hikes and news Donald Trump will nominate Kevin Warsh as Fed chair. The U.S. January jobs report was delayed due to the government shutdown, which ended after Trump signed a funding bill.