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Gold and Silver Forecast: Weak Jobs Data Revives Bullish Momentum as Dollar and Yields Retreat
FORECASTSJUL 5, 2026
Gold and Silver Forecast: Weak Jobs Data Revives Bullish Momentum as Dollar and Yields Retreat
Gold and silver prices rebounded after soft U.S. labor data reduced expectations for another Federal Reserve rate increase and weighed on the U.S. dollar and Treasury yields. Technical traders are watching whether gold can clear $4,200 and whether silver can break above $64.50 to confirm a stronger recovery.