Comex Silver Dips 3% to $86/oz on Profit-Booking Amid US-Israel-Iran Tensions

• Comex silver declined 2.94% to $86.24 per ounce after investors booked profits following a rally.
• The metal briefly surged past $90/oz, peaking at $94 per ounce during intraday trading on Monday.
• Today's decline is also attributed to a stronger dollar, trading at 91.917 against the rupee.
• Indian investors await market reaction when MCX reopens after Holi, with Middle East tensions keeping silver on edge.
• Analysts predict increased volatility for silver due to geopolitical conflict and normal market drivers; a stronger USD could limit gains.