Mumbai, Nov. 21 -- Silver tumbled more than 3% on Friday, slipping decisively below $49 per ounce, as investors recalibrated expectations for a December Federal Reserve rate cut. The delayed US nonfarm payrolls report offered a mixed narrative, stronger September hiring contrasted with a rise in the unemployment rate to 4.4%, a four-year high, leaving markets with little conviction that policy easing is imminent. The dollar index remained firmly above 100, poised for a strong weekly gain, further pressuring precious metals. Fed Governor Michael Barr's remarks underscored a measured and cautious approach, with inflation still above target and uncertainty amplified by the ongoing US government shutdown. In line with global sentiment, MCX silv...
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