Silver loses 1% amid US dollar index trying to stabilize

Silver prices are falling more than 1% today, despite a lower than expected BLS data revision, signalling a weakening US economy. Despite weak jobs revision (-911k for 2024, ended in March 2025), futures on US Dollar Index (USDIDX) try to stabilize after the sell-off, gaining almost 0.3% today (EURUSD pair loses almost 0.4%).

That's also probably the reason why gold gains are limited to 'just' 0.3%. On the other hand, today we have seen strong NFIB Index, almost 6.6% YoY growth in US Redbook report, suggesting rising sales at US department stores. So, the despite the weak jobs report, we can assume that not every macro data are 'recessionary'.

Source: xStation5

5 June 2026, 7:26 PM

3 markets to watch next week: US100, GOLD, EURUSD (05.06.2026)

5 June 2026, 7:04 PM

Daily summary: Nasdaq 100 drops 3%, precious metals and Bitcoin are falling amid US dollar strength

5 June 2026, 6:52 PM

Silver slumps 7% 📉 Precious metals under selling pressure

5 June 2026, 5:00 PM

BREAKING 🚨 Nasdaq tumbles 2.4%, Bitcoin tests key $60K support

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