Gold, Silver, Platinum Forecasts – Gold Is Heading Towards All-Time Highs

Gold

Gold gains ground as traders ignore stronger dollar and focus on falling Treasury yields.

A successful test of the resistance at $2675 – $2685 will open the way to the test of the $2700 level.

Silver

Silver made an attempt to settle above the resistance at $31.45 – $31.75 as traders focused on the strong performance of gold markets.

If silver settles above $31.75, it will move towards the $33.00 level.

Platinum

Platinum is moving higher amid rising demand for precious metals. Palladium markets gained 1.3%, providing additional support to platinum.

In case platinum climbs above the psychologically important $1000 level, it will head towards the resistance at $1020 – $1030.

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