Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests New Highs Amid Rising Demand For Precious Metals

By:

Vladimir Zernov

Published: Aug 7, 2025, 17:17 GMT+00:00

Key Points:

Gold is heading towards the $3400 level.
Silver managed to climb above the $38.00 level.
Platinum continued its attempts to settle above the $1350 level.

Gold

Gold 070825 Daily Chart

Gold gains ground as traders stay bullish despite stronger U.S. dollar and rising Treasury yields.

A move above the $3400 level will push gold towards the resistance, which is located in the $3440 – $3450 range.

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Silver

Silver 070825 Daily Chart

Silver climbed above the $38.00 level as gold/silver ratio pulled back below the 89.00 level.

If silver stays above $38.00, it will head towards the resistance at $39.80 – $40.00.

Platinum

Platinum 070825 Daily Chart

Platinum continues its attempts to settle above the resistance at $1345 – $1350 amid rising demand for precious metals.

In case platinum manages to settle above the $1350 level, it will head towards the resistance at $1400 – $1405.

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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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