Silver gains ground for first session in three, dollar barely higher

2018-12-07 08:18:53 GMT (Economies.com)
Silver gains ground for first session in three, dollar barely higher

Silver futures inched higher in Asian trade while the dollar index eked out modest gains, ahead of highly-anticipated US payrolls data later today. 

 

As of 06:14 GMT, silver futures due in March rose 0.32% to $14.55 an ounce, while the dollar index barely added 0.07% to 96.88. 

 

Now markets await the crucial US payrolls report, with the unemployment rate expected at 3.7% with no change, while average earnings are estimated with a 0.3% increase, up from 0.2% in October. 

 

The economy is expected to have created 198 thousand new jobs last month, slowing down sharply from 250K, while wholesale inventories are estimated with a 0.7% increase, same as October. 

 

The UoM consumer sentiment survey is estimated with a small dip to 97.0 this month from 97.5 in November. 

 
 
 
  Symbol Last Change Chg.%
1.1305
-0.0092
0.8046%
1.2570
-0.0133
1.0494%
14.592
-0.028
0.192%
51.307
-0.938
1.794%
60.22
-1.18
1.92%
1239.430
-8.610
0.690%
 
 
Live Forex Updates