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Gold and silver down - US Non Farm Payrolls surge to 271,000 jobs and unemployment falls to 5%

1,698 views · Published 6 November 2015 · 6:47 · Indexed 24 October 2026

Channel: The 2% Brief · 2015 · People & Blogs

http://www.illuminatisilver.com

The Bureau of Labor Statistics reported today that nonfarm payrolls grew 271,000 for the month, and the headline unemployment rate declined to 5%. Economists polled by Reuters expected the nonfarm payrolls report to show 180,000 new jobs added in October, with the unemployment rate to hold steady at 5.1%

The U.S. dollar gained 1.4% against the euro as currency traders began pricing in higher rates.

The result of this is that we see We still see gold falling below the $1080 level and move closer to the $1000 and silver; having already broken below $15 will certainly test the early $14 level, in our view, and could quite possibly move into $13 territory very soon.

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Gold and silver down - US Non Farm Payrolls surge to 271,000 jobs and unemployment falls to 5%

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