Gold
Gold rebounds after yesterday’s pullback. Demand for gold stays strong as U.S. dollar pulls back against a broad basket of currencies.
In case gold settles above the $2175 level, it will head towards the resistance at $2190 – $2200.
Silver
Silver rallied as gold/silver ratio declined towards the 87 level. It looks that traders realized that high gold/silver ratio presented an opportunity to purchase silver at attractive levels.
A move above the $25.00 level will open the way to the test of the resistance at $25.75 – $26.00.
Platinum
Platinum continues its attempts to settle above the resistance at $925 – $935 amid a broad rally in precious metals markets.
If platinum stays above $935, it 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.
