Gold
Gold settled near the $2300 level as traders reacted to the weaker-than-expected Non Farm Payrolls report and rising U.S. Unemployment Rate.
If gold manages to climb back above the $2305 level, it will head towards the $2350 level.
Silver
Silver is losing ground as gold/silver ratio rebounded towards the 87 level. However, silver did not manage to settle below the support at $26.00 – $26.30.
If silver settles back above the $26.50 level, it will head towards the resistance at $27.75 – $28.00.
Platinum
Platinum tested new highs as the rebound continued amid expectations of stronger demand in China.
If platinum manages to settle above $960, it will head towards the resistance at $975 – $985.
For a look at all of today’s economic events, check out our economic calendar.
