Silver traded above $63.5 an ounce on Monday, its highest level in seven weeks, as investors scaled back expectations of further Federal Reserve tightening after US nonfarm payrolls unexpectedly fell by 23,000 in July and May-June gains were revised down by a combined 103,000. The 4.1% unemployment rate masked a drop in labor force participation, while health care added 22,000 jobs even as retail trade and local government education posted losses, underscoring how narrow employment growth has become. Softer oil prices and a 62.5% year-on-year rise in Chinese imports of silver-bearing ores to 219,000 tonnes in June added support, though silver remained close to its seven-month low of $55 reached on July 16 because energy-price risks have not fully faded.