Silver gains as prices recovered on short covering as investors looked ahead to testimony from Fed chair Janet Yellen later this week on the health of the economy.
The rapid pace of jobs growth reassured investors that the economy is on a strong enough footing to justify the Fed’s plans to raise interest rates once more this year.
Investors will also keep an eye out on a few U.S. economic reports, with Friday's inflation data in the spotlight, for further clues on the timing of the next Fed rate hike.
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