Gold, Silver, Platinum Forecasts – Gold Tests $2525 As Traders Stay Bullish

Gold

Gold tests key resistance at $2520 – $2530 as traders stay bullish despite rising Treasury yields.

In case gold manages to settle above the $2530 level, it may quickly get to the test of the $2550 level.

Silver

Silver rebounds after the strong pullback. Gold/silver ratio declined towards 85.50, providing additional support to silver markets.

From the technical point of view, silver needs to settle above the $30.00 level to gain sustainable upside momentum.

Platinum

Platinum moved higher amid broad rebound in precious metals markets.

In case platinum climbs back above the $940 level, it will head towards the nearest resistance, which is located in the $975 – $985 range.

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