Silver price today slides after tariff shake-up; SLV drops as traders eye Iran talks, U.S. PPI
Spot silver fell 1.2% to $87.21 an ounce in New York Tuesday after hitting a two-week high, as traders took profits and the dollar strengthened. The drop followed the U.S. move to impose a 10% global import tariff, with the White House aiming to raise it to 15%. Spot gold slipped 1.4% to $5,158.24. The iShares Silver Trust ETF closed at $79.08, down from $80.57.