Silver price breaks $120 record as SLV jumps; traders watch Fed path and U.S. funding deadline
New York, January 29, 2026, 10:05 EST — Regular session Spot silver surged past $120 an ounce on Thursday, hitting a fresh record and boosting the iShares Silver Trust (SLV), an ETF backed by physical silver, during early New York trading. Around 10:00 a.m. ET, SLV climbed $2.62 to $108.22, while spot silver gained 2.3% to $119.24 after peaking at…