Silver slides 1.3% after US jobs print - Breaking The News

Silver slides 1.3% after US jobs print

7 September

1 min read

UNSPLASH / SCOTTSDALE MINT

The price of white metal tumbled on Thursday after United States Department of Labor revealed that initial jobless claims in the country declined by 13,000 to stand at 216,000 in the week ending September 2, seemingly hinting that the country's labor market was standing steady despite the Federal Reserve's tight monetary policy.

Silver dropped 1.33% to sell at $22.87 per ounce at 8:39 am ET.

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