Overview
- Spot silver jumped more than 3% to a record $66.14 an ounce before easing slightly in later trade.
- Spot gold advanced about 0.4% to roughly $4,318 an ounce, with U.S. futures near $4,347 in early dealings.
- U.S. unemployment rose to 4.6% in November, topping economists’ 4.4% consensus, according to the latest report.
- The dollar fell to a more than two‑month low and 10‑year Treasury yields declined after the labor data, lifting demand for non‑yielding metals.
- Markets price further policy easing, with CME FedWatch pointing to high odds of a January 25‑basis‑point cut, while upcoming CPI and PCE reports are the next key tests.