Silver Recovers Half of Early Losses but Still Down Ahead of US NFP Data

Silver (XAG/USD) recovered roughly half of its intraday losses during European trading on Friday, though the white metal remained under pressure, falling 1.7% to around $72.60.

Traders are bracing for heightened volatility as the US Bureau of Labor Statistics is set to publish the May Nonfarm Payrolls (NFP) report at 12:30 GMT. The data will influence expectations for the Federal Reserve's monetary policy path, directly impacting the dollar-denominated silver price.

Any deviation from consensus forecasts could trigger sharp moves in XAG/USD. The metal has been sensitive to shifting rate-hike bets and broader risk sentiment in recent weeks.