Silver fell to $83.70 per ounce on Tuesday, March 3, 2026, down another 7% on the day after losing nearly 5% on Monday, wiping out the entire safe-haven premium built on the back of the US-Israel strikes on Iran and the closure of the Strait of Hormuz that rattled global markets at the weekend. From Monday's opening spike above $96, the metal has now shed roughly 13% in just 48 hours, returning to the same sideways range that defined the entire month of February. Gold, by contrast, closed Monday up 1% and is falling just 1.3% on Tuesday, trading near $5,256. Silver, as it has repeatedly demonstrated throughout 2026, ... (full story)