Silver Price Rises as Investors Await US Jobs Data Amid Inflation Fears
The Silver price is recovering near $67.00 as investors shift their focus to this week's US Nonfarm Payrolls (NFP) data.
Fed Chair Kevin Warsh recently warned of upside inflation risks at the Jackson Hole Symposium, causing a sharp downward revision in hawkish Federal Reserve expectations.
Higher oil prices due to renewed tensions between the US and Iran also put pressure on Silver's price in the opening session.