Monday 4 November 2019

Silver Prices Dropped After A Stronger Than Expected Labor Market Report

Silver trading range for the day is 45984-47024.

Silver prices dropped after a stronger-than-expected labor market report that showed the U.S. economy still creating jobs at a decent clip.

The latest jobs report gave the stock market everything it wanted, with strong payroll growth and tamer inflation.

The ISM manufacturing survey showed the sector still in contractionary territory, with falling prices and lower incoming orders.

The U.S. economy added 128,000 jobs in October, more than the 89,000 expected.

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