Mumbai, Dec. 17 -- Silver surged above $66 per ounce, reaching new all-time highs as investors sought higher-return alternatives following mixed U.S. labor market data. While November payrolls rose more than expected, the unemployment rate climbed to 4.6%, its highest level since 2021, reinforcing cautious sentiment across markets. Meanwhile, the U.S. dollar index steadied above 98, hovering near its lowest level in over two months. Strong payroll gains were offset by sharp downward revisions to October data, leaving expectations for Federal Reserve policy largely unchanged. Investors are now focused on remarks from Fed officials Christopher Waller and John Williams, Thursday's U.S. consumer inflation report and monetary policy decisions fr...
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