-
Will Silver Be Able to Stay Above $80?
The silver market was noisy on Friday, as the markets waited for the Non-Farm Payroll numbers. At this point, the uptrend continues The silver market was all over the place during the trading session on Friday, which wouldn't be a huge surprise considering that it was non-farm payroll Friday and a lot of traders will have been in and out of the market quite a bit. The $80 level is a large round number that I think continues to offer resistance all the way to the $82 level, and we did find that resistance during the day despite the fact that the non-farm payroll announcement came out weaker than anticipated. In this ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From dailyforex.com | Jan 11, 2026
Everybody in the world is watching the precious metals markets at the moment, and gold, of course, continues to attract a lot of interest. Quite frankly, I’ve had a bit of a problem this week trying to catch short-term dips and take advantage of the overall trend. With this being the case, you should pay attention to the $4400 level because it’s been an ...
From investinglive.com | Jan 12, 2026
Silver extended the gains into a new record high today following the news of the US Department of Justice subpoenaing the Federal Reserve. This is just another attack on Fed independence as the White House continues to seek pretext to fire Fed Chair Powell. We have already seen this kind of intimidation with Fed Governor Cook last year when Trump tried to ...
U.S. nonfarm payrolls for December rose by 50,000, below market expectations of a 60,000 increase. However, the unemployment rate edged down to 4.4%, below forecasts of 4.5%, suggesting the labour market has not deteriorated rapidly. Following the data release, markets bet that the Federal Reserve would pause rate cuts for longer. At the same time, the ...
