Price gains in gold, silver after weak U.S. jobs report | Kitco News

The employment situation report from the Labor Department showed the key non-farm payrolls component up only 235,000 compared to a rise of 720,000 that was expected by the marketplace.

In a Wall Street Journal op-ed, Manchin said rising inflation and a soaring national debt necessitate a go-slow approach and a “significantly” smaller plan.

China has been gradually opening up futures trading on its commodities futures, with the goal of having more global control of commodity pricing.

Bulls’ next upside price objective is to produce a close above solid resistance at the July high of $1,836.20.

The silver bears have the slight overall near-term technical advantage but bulls are making headway and working on a price uptrend on the daily chart.

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