Silver currently trades below the $67.00 mark in Friday’s Asian session, down 0.30% on the day, snapping a two-day winning streak.
Silver currently trades below the $67.00 mark in Friday’s Asian session, down 0.30% on the day. That is the session stamp. The metal is snapping a two-day winning streak after the prior day’s weekly high.
The same page ties the backdrop to receding bets on a Fed September hike and a sliding dollar — a tailwind for the metal even as the session print turns lower. That is the weekly force still on the tape. The daily fade is the pause into the labour stamp, not a new dollar story.
August US jobs have not printed. They loom later Friday. A hot payrolls surprise that re-prices hike odds higher would be the falsifier for the soft-USD silver bid.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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Silver slides near $64.35 (−4.39%), below $65, as hot PPI lifts Fed hike bets. FedWatch ~70% this stamp, up from about 61% pre-data. DXY ~98.90; 10y ~4.92%.
Gold near $4,368 (−0.75%) as hot PPI keeps Fed hike odds elevated. FedWatch ~64% next-week hike vs Reuters economists’ pause through year-end — both quoted, not averaged. DXY ~98.96; 10y ~4.92%.
Gold slides near $4,346 after an intraday high of $4,434 as hot PPI lifts the dollar, yields and Fed hike pricing. FedWatch ~64% next-week hike vs Reuters economists’ pause through year-end — both quoted, not averaged.