-
Silver's price is down 49% since January. Is it still a good investment?
In today's uncertain economic climate, many would be forgiven if strategic investing were far from their top concern. With inflation at its highest level since April 2023, the potential for a Federal Reserve rate hike is not insignificant, and with little job growth, according to a Thursday report, there's much to contend with in today's economy. So investing may understandably be less of a priority. But that could be a costly mistake worth avoiding, especially for those who have yet to get started with precious metals like gold or silver. Silver, for example, offers investors many of the same advantages as a gold ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Both total nonfarm payroll employment (+57,000) and the unemployment rate (4.2 percent) changed little in June, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, social assistance, and health care. Leisure and hospitality lost jobs. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note. 
U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2% The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday. Nonfarm payrolls for June increased by a seasonally adjusted 57,000 for the month, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast. The unemployment rate, however, dropped to 4.2%, and slightly ahead of the 4.1% where it was a year ago. The U.S. economy added 57,000 jobs in June and revisions subtracted a combined 74,000 jobs from the previously reported figures for May and April. The unemployment rate edged down to 4.2%. Leisure and hospitality employment declined by 61,000 in June.
U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2% The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday. Nonfarm payrolls for June increased by a seasonally adjusted 57,000 for the month, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast. The unemployment rate, however, dropped to 4.2%, and slightly ahead of the 4.1% where it was a year ago. The U.S. economy added 57,000 jobs in June and revisions subtracted a combined 74,000 jobs from the previously reported figures for May and April. The unemployment rate edged down to 4.2%. Leisure and hospitality employment declined by 61,000 in June.
From fxstreet.com | 34 hr ago
Silver (XAG/USD) climbs to the top of its weekly trading range on Thursday as the US Dollar (USD) slides to a two-week low after US Nonfarm Payrolls (NFP) data surprised to the downside. At the time of writing, XAG/USD trades around $61.15, up nearly 3.50% on the day. Data released by the US Bureau of Labor Statistics (BLS) showed the US economy added just ...
From investingcube.com | 29 hr ago
Silver prices rallied on Thursday after disappointing US employment data triggered broad selling in the US dollar, allowing the precious metal to recover from recent weakness. XAG/USD is currently trading around $61.10 per ounce, rebounding strongly after the US economy added far fewer jobs than economists had expected in June. The move helped silver ...
