Silver tumbles from $80 record as SLV, PSLV traders brace for more swings
Silver dropped 5.1% to $75.15 an ounce Monday after reaching a record $83.62 earlier in the session. CME raised margin requirements on COMEX silver futures to $25,000. Gold slipped 1.7% to $4,455.35 an ounce. BlackRock’s iShares Silver Trust reported 526.97 million ounces of silver and $38 billion in net assets as of December 26.