Skip to main content
BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%
AboutTraders FairTraders AwardsTrade Game
/
Pricing
Get started→
fxJul 2, 2026, 8:37 AM

Silver Rises to Near $59.65 as US Dollar Weakens Ahead of NFP Data

Silver (XAG/USD) gained 0.9% in European trading on Thursday, approaching $59.65, supported by a weaker US Dollar ahead of the upcoming Nonfarm Payrolls report.

XAGUSD

Silver (XAG/USD) edged higher during the European session on Thursday, rising 0.9% to near $59.65. The white metal found support as the US Dollar slumped, with traders' attention fixed on the June Nonfarm Payrolls (NFP) release.

The NFP data, scheduled for 12:30 GMT, is expected to provide fresh cues on the US labor market. A weaker dollar typically boosts dollar-denominated commodities like silver, and the current move reflects pre-data positioning.

Prices are hovering around the $59.60 area, extending the session's gains. The broader trend remains dependent on the NFP outcome and subsequent dollar dynamics.

Source: FXStreet Forex News