Silver price jumps near $89 as Trump’s 15% tariff clock ticks down
Spot silver jumped 4.76% to $88.68 an ounce in late U.S. trading Monday, after the U.S. announced a 15% global import tariff set to begin at 12:01 a.m. EST Tuesday. Investors moved into safe-haven assets as Treasury yields fell and stocks slid. Markets are watching for any last-minute tariff changes and upcoming U.S. economic data, including consumer confidence and jobs figures.