Silver Price Today: Spot Silver Jumps 6.7% as Dollar Softens, but March Losses Still Bite
Spot silver jumped 6.7% to $74.64 an ounce Tuesday as the dollar weakened and traders reacted to signs the Iran conflict may not escalate. The metal remains down 20.4% for March. Germany said it will reduce silver content in collector coins after recent price swings. The Silver Institute projects a sixth consecutive annual supply deficit despite rising mine output.