Silver hovered just under $80 an ounce Monday after notching its strongest week of 2026, with traders eyeing Tuesday’s U.S. inflation data to see if the surge has more room. Spot silver inched up 0.2% to $80.45 by 1037 GMT. Gold, on the other hand, dropped 1.1%, pressured as inflation jitters from higher oil prices rattled the precious metals space.