Monday, 8 October 2018

Silver Prices Gained As The Dollar Softened After Data Showed U.S. Job Growth

Silver trading range for the day is 38471-39761.

Silver prices gained as the dollar softened after data showed U.S. job growth slowed in September, easing concerns about a large run-up in inflation.

U.S. job growth slowed sharply in September likely as Hurricane Florence depressed restaurant and retail payrolls.

The unemployment rate fell to near a 49-year low of 3.7 percent, pointing to a further tightening in labor market conditions.


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