Silver Prices Rise Ahead of August Jobs Report on September 4, 2026
On Friday, September 4, 2026, the price of December silver futures opened at $67.63 per ounce, down slightly from Thursday's close but reaching a weekly high amid anticipation for the upcoming August jobs report and comments by Federal Reserve Governor Chris Waller suggesting potential rate stability if inflation data improves next week. The U.S. labor market is expected to have added 55,000 jobs in August after a decline in July growth, with early indicators showing minimal yet stable job creation. Silver prices are closely watched as they may continue rising should the Fed decide not to raise interest rates later this month. Over the past year, silver has surged by 64.8%, and its price trajectory remains under close scrutiny due to macroeconomic factors like employment data and inflation reports.
Topics: Fed policy jobs report silver