Silver price dips below $88 after Monday surge as tariffs, Fed outlook keep traders edgy
Spot silver fell 0.2% to $87.98 an ounce by 12:45 p.m. ET Tuesday, retreating after a 4.3% surge Monday as the dollar firmed and traders watched U.S. tariff news and Iran talks. The iShares Silver Trust (SLV) ETF dropped 1.2% to $79.57. The U.S. dollar rose 0.1%, while gold slid 1.6% to $5,148.28 an ounce. U.S. consumer confidence climbed to 91.2 in February, beating forecasts.