Silver (XAG/USD) Gains 1% to Near $62.20 Ahead of US NFP Data
Silver prices rose 1% to around $62.20 during Asian trading on Friday as markets awaited the US nonfarm payrolls report for July.
XAGUSD
Silver (XAG/USD) climbed 1% to trade near $62.20 in the Asian session on Friday. The gain comes as investors position ahead of the release of the US Nonfarm Payrolls data for July, scheduled for 12:30.
The jobs report is expected to sway expectations for Federal Reserve policy and the US dollar, which in turn influences precious metals.
Source: FXStreet Forex News