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June 6, 2025

Gold and Silver Price Outlook: Will NFP Data Spark a Major Breakout?

Gold remains steady near $3,363 as traders eagerly await U.S. jobs data. Silver hovers at $36.04, with bulls eyeing a breakout above $35.55 for possible further gains. Analysts suggest that the upcoming Non-Farm Payrolls (NFP) data may play a critical role in shifting market sentiment. If the report shows stronger job growth than expected, we could see gold and silver prices shift significantly. Investors are watching closely. With uncertainty surrounding economic indicators, the gold and silver markets remain on high alert. Gold’s safe-haven appeal continues to attract investors as inflation fears linger. Stay updated with the unfolding situation!

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