Gold, Silver, Platinum Forecasts – Gold Gains Ground As Treasury Yields Fall

Gold

Gold gains ground as the rebound continues. Falling Treasury yields and weak dollar provided support to gold markets in today’s trading session.

If gold settles above the resistance at $2675 – $2685, it will move towards the next resistance level, which is located in the $2740 – $2750 range.

Silver

Silver gains ground as gold/silver ratio pulled back below the 87.00 level.

If silver stays above the $30.50 level, it will head towards the resistance at $31.45 – $31.75.

Platinum

Platinum attempts to settle above the resistance at $935 – $945 amid broad rally in precious metals markets.

In case this attempt is successful, platinum will move towards the next resistance level at $975 – $985.

For a look at all of today’s economic events, check out our economic calendar.