Silver steadies near 2-month low ahead of US jobs data

2021-12-03 13:04:03 GMT (Economies.com)
Silver steadies near 2-month low ahead of US jobs data

Silver prices held on Thursday, in limited trading near the 2-month low hit yesterday, as investors shy away from building new positions ahead of US jobs data later today.

 

Silver prices held at $22.35 an ounce as of 11:17 GMT, after opening at $22.36, and hit a day high at $22.52 and a low at $22.21.

 

Silver gained 0.2% yesterday, after hitting a 2-month low at $22.18 an ounce.

 

Silver prices lost 4.5% during November, due to growing chances of a near interest rate hike in the US.

 

Now investors await crucial US jobs report, expected to show an addition of 553 thousand in November, with unemployment down to 4.5%, and average income up 0.4%.

 
 
 
  Symbol Last Change Chg.%
1.1346
-0.0058
0.5127%
1.3554
-0.0103
0.7569%
Tadawul
12238.77
-35.50
0.29%
24.347
1.336
5.803%
84.900
1.031
1.229%
87.69
-0.69
0.78%
1834.610
14.150
0.777%
 
 
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