Silver Prices Traded Flat Shrugging Off The Prospect Of Global Monetary

Silver prices traded flat shrugging off the prospect of global monetary policy tightening, while a subdued US jobs data limited losses. 

The subdued jobs report reduced investor expectations for a more aggressive path to higher interest rates, as the Federal Reserve would likely need to see more “convincing evidence” of inflationary pressures prior to raising rates in March. 

The Labor Departed reported the US economy created just 148,000 jobs in December, below the 190,000 jobs expected, while wage growth, was in line with expectations, rising 0.3%.

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