Silver slid to the mid-$70s after US payrolls rose 130,000 and unemployment held at 4.3%, as dollar strength and futures volatility hit global metals at noon ET.
Gold slipped as a firmer U.S. dollar followed a stronger January jobs report, with payrolls up 130,000 and unemployment at 4.3%, ahead of U.S. CPI Friday print.
The US added just 73,000 jobs in July, with prior months revised down by 258,000, signaling weakening hiring as Trump’s trade policies paralyze businesses.
The US economy added 254,000 jobs in September, beating projections of 140,000. The unemployment rate dipped to 4.1%, showing continued strength in the labor market.