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Yahoo Finance· August 7, 2026

Silver Prices Keep Climbing After Weak US Jobs Data

Silver continued its rally amid weak US employment data, which strengthened expectations for a Federal Reserve rate cut. Investors typically shift toward precious metals during periods of economic uncertainty, and silver has been no exception, tracking gold's steady climb. Industrial demand for silver, used in electronics and solar energy, is providing additional price support. Analysts note that volatility in the metals market could intensify ahead of upcoming Fed meetings. For retail investors, this may signal a good time to reconsider the share of defensive assets in their portfolios.