Silver futures
rose nearly one percent away from the lowest since May 12 as the dollar index
edged lower following earlier data from the world's largest economy. Silver
dropped weighed down by a stronger dollar supported by data showing a strong
U.S. jobs market. The U.S. Department of Labor said initial jobless claims in
the week ending June 10 decreased by 8,000 to 237,000 from the previous week’s
total of 245,000.The central bank maintained its outlook of one more rate hike
for this year as it expects that a tightening labor market will lift inflation
to the 2% target
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