Mumbai, July 3 -- Precious metals witnessed a sharp rebound to an over one-week high on Friday morning in Asia on the back of reversal in dollar index well below 101 mark. The pull back in dollar came after data showed that US economy added just 57,000 jobs last month, completely missing the market consensus of 110,000. Gold and silver are benefiting from an easing inflation environment driven by a collapse in energy costs. The yellow metal is quoting at $4188.30 an ounce, up 1.55% on the day. Silver is also up 2.62% at $62.73 an ounce.
Published by HT Digital Content Services with permission from Capital Market....