Silver Falls Ahead Of US Jobs Data, Investors Watch Federal Reserve.
Silver prices experienced a slight decline of -0.4%, settling at 74095, as investors eagerly await upcoming US jobs data this week to gain insights into potential moves by the Federal Reserve.
Tensions escalated in the Middle East after US helicopters repelled an attack by Iran-backed Houthi militants on a Maersk container vessel in the Red Sea, a crucial trade route between Europe and Asia.
This geopolitical development adds an element of uncertainty to the market, contributing to potential volatility. Investors should brace for a volatile week, with various economic reports scheduled for release.