The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

CommoditiesMedium•12 February 2026•

1 min read

Silver Drops 1.95% as US Jobs Data Curbs Rate Cut Hopes

Silver bars stacked in a pyramid and scattered coins on an orange background with a red downward trend line and financial charts.

Silver (XAG/USD) experienced a notable retreat today, trading lower by 1.95% to approximately $82.85. This correction follows the precious metal posting a recent weekly high of $86.30. The decline is primarily attributed to robust US jobs data, which has subsequently tempered market expectations for imminent interest rate cuts. Such data typically strengthens the US dollar and reduces the appeal of non-yielding assets like silver. Investors are now reassessing the Federal Reserve's monetary policy trajectory, impacting precious metals.

Sources: