- XAG/USD peaked at a daily high of $24.80 then settled near the $24.15 area.
- US NFPs and PMI figures from August beat expectations. Still, wages decelerated, and Unemployment rose.
- The USD strength drove the grey metal downwards.
At the end of the week, the XAG/USD closed with losses but managed to hold some weekly gains, closing near $24.15. On the data front, the US released soft Average Hourly Earnings, while Nonfarm Payrolls (NFPs) and ISM Manufacturing PMI figures came in higher than expected, helping the USD to get a boost. US yields sharply declined during the American sessions but then recovered, applying selling pressure on the Silver.
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