Silver price today jumps after record plunge as traders brace for more Fed and data shocks
Silver soared 9.2% to $86.70 an ounce Tuesday after a historic two-day plunge, rebounding from Monday’s 9.2% drop. The surge followed forced deleveraging and higher futures margins after President Trump nominated Kevin Warsh as Fed chair. Gold also jumped 5.5% to $4,921.42. The U.S. jobs report was postponed due to the ongoing government shutdown.