Group 1 - The core driver of the recent decline in silver prices is the stronger-than-expected U.S. non-farm payroll report for January, which showed an increase of 130,000 jobs compared to the market expectation of 55,000 jobs [2] - The unemployment rate unexpectedly dropped to 4.3%, the lowest since August 2025, indicating a resilient U.S. labor market [2] - The strong employment data has diminished market expectations for a Federal Reserve interest rate cut, with the probability of a 25 basis point cut in March dropping from 21.7% to 6.0% [2] Group 2 - The recent decline in silver prices is attributed to external macroeconomic data shocks and a technical adjustment following a significant price increase, rather than a deterioration in silver's fundamentals [2] - Silver prices surged from around $30 per ounce to over $100 by the end of January, indicating a need for price correction [2] - Long-term support for silver remains strong due to global risk aversion and expanding industrial demand, particularly in solar energy, electric vehicles, and charging infrastructure [3] Group 3 - Future silver price movements will need to closely monitor the U.S. labor market, inflation data, and Federal Reserve policy statements, as these factors will continue to drive market volatility [4]
ETO Markets 交易平台:美1月就业数据超预期 银价回调至82美元
Sou Hu Cai Jing·2026-02-12 07:22