Bearish
Silver prices decline to $60.71 amid rising Treasury yields and soft payroll data
Over the past week, silver prices have fallen by 6.2%, closing at $60.71 on October 4, 2026. This decline is attributed to elevated Treasury yields and a weaker-than-expected U.S. jobs report, which have overshadowed potential support from soft inflation data.
Key points
- Silver prices drop 6.2% over the past week, closing at $60.71 on October 4, 2026.
- Elevated Treasury yields and soft U.S. jobs data contribute to silver's decline.
- Soft inflation data fails to offset bearish market pressures on silver.
Sources
- Silver Ends the Week at $60.71 as Refining Backlogs Meet a Soft Payroll Printboerse-global.de · October 4, 2026
- Silver Settles at $60.71 as Weak Payrolls Rewrite the October Rate Calculusboerse-global.de · October 4, 2026
- Gold’s resilience supports strong outlook, silver faces oversupply, copper could be the big gainer – Deutsche Bank’s GhaliKitco News · October 2, 2026
AI-generated from public news sources. Not financial advice.
