Maroc - FINANCIALMIRROR.COM - A La Une - 10/Jan 14:13

Silver rises to $31.30 ahead of US NFP data

Silver roe to near $31.30 in Friday’s European session, as XAGUSD gained ahead of the U.S. non-farm payrolls (NFP) data for December, released later in the day. The labour market data will influence market expectations about whether the Federal Reserve will continue with its cautious stance on further policy-easing. The NFP report is expected to show that the US economy added 160,000 workers in December, lower than 227,000 in November. The Unemployment Rate is estimated to have remained steady at 4.2%. Investors will also pay close attention to the Average Hourly Earnings data for December. Being a wage growth measure