Silver price jumps nearly 6% as dollar weakens; what traders are watching next
Spot silver surged 5.8% to $82.49 an ounce Monday, extending a rebound after last week’s selloff. CME Group raised margin requirements for COMEX silver futures and launched a new 100-ounce contract to address volatility. U.S. jobs and inflation data due this week could shift Federal Reserve rate expectations. Mining shares rose, but Vizsla Silver fell after reporting employee deaths in Mexico.
