Silver price slides more than 6% as dollar rallies on Iran strikes; US jobs report ahead
New York, March 2, 2026, 12:55 EST — Regular trading hours. Spot silver tumbled 6.6% to $87.64 an ounce as of 11:11 a.m. ET on Monday, surrendering gains after hitting its strongest level since Jan. 30. Gold held steady, trading just shy of $5,284, with the U.S. dollar index climbing over 1% and prompting some profit-taking after the morning’s surge. “Right now, the market is attempting to figure out whether these attacks are going to be followed up over the next several weeks,” said David Meger, director of metals trading at High Ridge Futures.