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Silver gains along with Gold

FXStreet (Mumbai) - Silver prices gained after the official data in the US showed job additions slowed down in October, while the unemployment rate dipped to a six-year low of 5.8%.

Silver is trading 0.97% higher at 15.563/Oz. Prices recovered from a low of USD 15.043 hit earlier today to clock a high of 15.678 post the release of Non-farm payrolls data. The metal was also aided by a slight weakness in the US Dollar index, which is currently trading 0.25% lower at 88.00.

Meanwhile, Gold is trading 0.84% higher at USD 1552.20/Oz levels. US Equities have fallen into the red with the DJIA trading 0.21% lower at 17,518.10 levels.

Silver Technical levels

Silver has an immediate resistance at 15.678, above which prices can rise to 16.00 levels. On the flip side, prices may re-test 15.13 levels, if the metal fails to rise above 15.678 levels.

EUR/GBP mixed towards the closed while greenback is volatile

EUR/GBP is trading at 0.7841, up 0.32% on the day, having posted a daily high at 0.7847 and low at 0.7812.
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NZD/USD break above 0.7700

The New Zealand dollar is extending its recovery from 0.7660 and the pair is currently testing the 0.7750 level after breaking the 0.7700 area. The couple is enjoying the weakness of the dollar after mixed US jobs report.
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