Silver Flat as Gold Hits One-month High

Though gold rose to a one-month high today as a result of “a drop in equities and uncertainty over the U.S. growth outlook,” silver remained flat, at $20.35 per ounce, according to Reuters.
“While risk assets may find some support in the wake of the jobs report this week, much of the U.S. data slate will if anything highlight that economic growth is strengthening, suggesting a reversal of some of the price action in U.S. Treasuries, USD and gold [silver],” Invezz News quotes analysts at Credit Agricole as saying.