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    Silver Rises to $18.81 per Ounce as Dollar Falls

    Investing News Network
    Jun. 04, 2014 05:09AM PST
    Silver Investing

    This morning, silver rose 0.3 percent, or $0.06, to $18.81 per ounce.

    This morning, silver rose 0.3 percent, or $0.06, to $18.81 per ounce, according to Reuters.

    US companies hired 179,000 workers in May; that’s the lowest monthly increase since January and well below economists’ predictions. As a result of that disappointing data, US bond yields and the dollar both fell, increasing the price of precious metals.

    At the moment, investors are awaiting the results of a European Central Bank meeting that may lead to quantitative easing in the Eurozone.

    market-newsquantitative-easing
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