Silver price jumps toward $78 as Venezuela shock and Fed cut bets lift demand
Spot silver jumped 1.9% to $77.97 an ounce, hitting a one-week high after the U.S. captured Venezuelan President Nicolas Maduro. A weak U.S. factory survey revived bets on Federal Reserve rate cuts, boosting demand for metals. Gold edged up 0.1% to $4,452.60. Traders await Friday’s U.S. jobs report.