Silver settled 0.17% higher in India as short covering partly reversed losses associated with a stronger dollar and better-than-expected US jobs data. The report also notes that global silver supply is forecast to fall 2% in 2026 and the market deficit is expected to widen to 46.3 million ounces, despite a projected 2% decline in demand.
Stronger employment data lifted expectations of a December Fed rate increase, supporting the dollar and potentially weighing on dollar-priced commodities. The silver supply outlook has no direct bearing on the listed feed commodities.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.