Silver futures rose on Friday, as the US dollar fell against its peers, after the US monthly jobs report.
The US Department of Labor reported today the US economy has added 49,000 new jobs in January, lower than forecasts of 50,000.
While the unemployment rate fell to 6.3% from 6.7% in December, bearing forecasts to remain unchanged.
President Joe Biden said after the data that the US citizens are suffering and this matter must be fixed.
News agencies reported today that the US Senate passed President Joe Biden's $1.9 trillion stimulus plan.
The dollar index fell against a basket of major currencies by 0.5% to 90.04 points as of 20:06 GMT, after hitting a high of 91.6 points and a low of 90 points.
Silver March futures rose 3% or 79 cents, and closed at $27.019 an ounce, and posted 0.4% weekly gain, with today’s high at $27.105, and the low at $26.255.