Gold
Gold rebounds as demand for safe-haven assets is rising after the release of the disappointing U.S. GDP Growth Rate report.
In case gold manages to settle above the $2350 level, it will head towards the nearest resistance, which is located in the $2390 – $2400 range.
Silver
Silver gains ground as traders ignore rising Treasury yields and focus on the solid performance of gold markets. U.S. dollar’s pullback provided additional support to silver markets.
A move above the $27.50 level will open the way to the test of the nearest resistance at $27.75 – $28.00.
Platinum
Platinum gains ground as traders bet on a rebound after the strong pullback.
In case platinum settles above the $910 level, it will head towards the resistance at $925 – $935.
For a look at all of today’s economic events, check out our economic calendar.
