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Can silver extend its rebound as traders await Friday's US jobs data?
Silver rose during Asian trading on Thursday, recovering some ground after a sharp sell-off in the previous session, as investors weighed geopolitical risks against incoming US labour-market data. Spot silver gained 1.2% to trade near $73.60, with XAG/USD quoted around $73.35 at the time of reporting. The rebound offered some relief after recent selling, but the broader tone remained cautious as prices stayed below key technical levels. Traders are now looking to Friday’s US Nonfarm Payrolls report for fresh direction after stronger-than-expected private payrolls data reinforced the view that the Federal Reserve ... (full story)
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- Jun 4, 12:59am | 30 hr ago Posted byFundamental Analysis58
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