Silver price slides again as margin hikes bite; Warsh Fed pick keeps metals on back foot
London, February 2, 2026, 11:10 GMT — Regular session Silver prices dropped again Monday, with spot silver down 3.4% to $81.65 an ounce by 1008 GMT after plunging as much as 15% earlier. The sell-off came as CME margin hikes and a stronger dollar forced traders to scale back leveraged positions. Since hitting a record $121.64 last week, silver has lost roughly a third of its value. “The increase in margin requirements is creating a feedback loop,” said Zain Vawda, an analyst at MarketPulse by OANDA.