Gold

Gold pulled back from session highs as Donald Trump announced that tariffs were paused for 90 days for non-retaliating countries.

In case gold pulls back below the $3050 level, it will head towards the support at $2995 – $3005.

Silver

Silver rallied as traders focused on tariff news. Industrial demand is important for silver, so tariff news served as a bullish catalyst for silver.

A move above the $31.00 level will push silver towards the resistance at $31.45 – $31.75.

Platinum

Platinum gained ground as traders bet that demand would increase after Trump’s tariff decision.

In case platinum settles above the $915 level, it will head towards the nearest resistance at $930 – $935.

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