The Friday jobs report was mixed with healthy number of new jobs being reported but headline unemployment rate ticking upward for the first time in a while. The rate moved from 3.8% to 4.0%.
The U.S. dollar weakened but the move did not translate into higher metals prices.
Low metals prices are driving some increased demand in the bullion markets. Bargain hunters have come out to buy coins, rounds, and bars over the past month, and fewer investors have been inclined to sell.
We are seeing some upward pressure on bid and ask premiums.
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