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المشهد العربي
Gold and silver extend weekly gains
Gold and silver prices have risen significantly as investors seek to capitalize on market fluctuations, with expectations that gold could reach $5,000 per ounce in the first half of 2027. The precious metal experienced gains following a decline in oil prices and in anticipation of the U.S. July jobs report, which is expected to add around 83,000 jobs, boosting forecasts for the U.S. economy’s performance. Spot and futures gold contracts have surged by over 2%, while silver prices have increased by more than 4.3%.
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