Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulled Back Below $3300

By:

Vladimir Zernov

Published: May 30, 2025, 17:27 GMT+00:00

Key Points:

Gold is losing ground amid broad pullback in commodity markets.
Silver moved below the $33.00 level as gold/silver ratio climbed above 100.
Platinum tested weekly lows amid demand worries.

Gold

Gold 300525 Daily Chart

Gold declined amid broad pullback in the markets, which was triggered by Trump’s comments on China. U.S. President said that China “totally violated” the tariff deal.

If gold stays below the $3300 level, it will move towards the support level at $3235 – $3245.

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Silver

Silver 300525 Daily Chart

Silver moved below the $33.00 level as gold/silver ratio climbed back above the psychologically important 100 level.

A move below the 50 MA at $32.70 will push silver towards the next support level at $31.45 – $31.75.

Platinum

Platinum 300525 Daily Chart

Platinum is losing ground as traders worry that U.S. – China trade war will intensify.

A successful test of the support at $1050 – $1055 will push platinum towards the next support level at $1010 – $1015.

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About the Author

Vladimir ZernovFutures Trading Expert

Vladimir is an independent trader, with over 18 years of experience in the financial markets. His expertise spans a wide range of instruments like stocks, futures, forex, indices, and commodities, forecasting both long-term and short-term market movements.

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