Silver Price Analysis
We had some good data come out this week with US Non-Farm Payrolls numbers beating forecasts in September. The data is coming in at 254k against the median forecast figure of 147k. Meanwhile, the August reading was revised upward from 142k to 159k, signaling a robust jobs situation. The unemployment rate fell to 4.1 percent from August’s 4.2 percent which analysts had forecast to remain unchanged. Solid jobs growth in the United States eases pressure on the Federal Reserve to cut interest rates by a deeper margin and puts pressure on metals, but we still has a good week up about 1.5%
Silver Chart
Portfolio Update
It's looking pretty good right now with my current assets are valued at $2,874.90 with a total acquisition cost of $2,362.33.
Asset Allocation Chart
Asset Holding by Product
