Silver Rebounds But Fed Rate Hike Expectations Cap Gains Ahead of US Jobs Data

Silver rebounded modestly after recent weakness, but upside remained capped by expectations that the Federal Reserve may keep rates higher for longer. The article frames silver’s move as a macro-driven bounce rather than a trend reversal, with traders waiting for US labor data, especially weekly jobless claims and the non-farm payrolls report, for clues on the Fed’s next policy steps. Strong jobs data would likely support a hawkish Fed, the dollar, and yields, which would pressure silver. Softer labor figures could ease rate-hike fears and help silver extend gains. Overall, the near-term outlook for silver remains range-bound and highly sensitive to incoming economic releases and central-bank commentary.