Silver is trading 3.18% up now at $63.56 after precious metals benefited from continued negotiations to partially reopen the Strait of Hormuz and weaker hiring data.
- Investors await the August 7 U.S. nonfarm-payrolls report for clues about the Federal Reserve’s interest-rate path.
- The advance follows a strong multi-session rally, while gold’s broader safe-haven strength supported the precious-metals complex.
- The move appears primarily global and macro-driven, with no Silver-specific announcement identified.