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Silver Weekly Price Analysis – Silver Drops Hard to End the Week

The silver market tried to rally early this past week, but the interest rates in the United States continue to cause headaches for those that are bullish. Friday's jobs report really drove that point home.
Date: 05.06.2026  |  Source: fxempire.com
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Quotes

Instrument Price Change (%)
EURUSD 1.152080 -0.77685%
GBPUSD 1.333820 -0.63249%
USDJPY 160.332000 +0.23005%
XAUUSD 4341.040000 -2.99981%
USDCAD 1.394360 +0.25453%
NZDUSD 0.580110 -1.11818%
USDCHF 0.796580 +1.00552%
AUDUSD 0.705230 -1.12998%
EURGBP 0.863730 -0.11333%
EURJPY 184.711000 -0.57434%
GBPJPY 213.849000 -0.39729%
AUDJPY 113.054000 -0.90979%
CADJPY 114.987000 -0.007826%
CHFJPY 201.272000 -0.69567%
NZDJPY 93.002000 -0.89618%
GBPCHF 1.062410 +0.27844%
EURCHF 0.917680 +0.14951%
USDMXN 17.473000 +1.16373%
USDZAR 16.569960 +1.72609%
USDTRY 46.075600 +0.082541%
USDRUB 73.695700 +0.42229%
USDSEK 9.474280 +1.1357%
USDCNY 6.765000 -0.11812%

Upcoming Important Events

Time Country Event Forecast Previous
07.06.2026
23:50 🇯🇵 Gross Domestic Product QoQ (Q1) 0.5 0.5
09.06.2026
00:30 🇦🇺 Westpac Consumer Confidence Change (Jun) -1.2 3.5
01:30 🇦🇺 NAB Business Confidence (May) -22 -24
03:00 Balance of Trade (May) 91.5 84.82
03:00 Exports YoY (May) 14.3 14.1
03:00 Imports YoY (May) 25 25.3
14:00 🇺🇸 Existing Home Sales (May) 4.05 4.02
10.06.2026
01:30 Inflation Rate YoY (May) 1.3 1.2
12:30 🇺🇸 Core Inflation Rate MoM (May) 0.3 0.4
12:30 🇺🇸 Core Inflation Rate YoY (May) 2.9 2.8