Advertisement
Advertisement

Gold (XAUUSD), Silver, Platinum Forecasts – Silver Tests Multi-Year Highs

By:
Vladimir Zernov
Published: Jun 5, 2025, 17:52 GMT+00:00

Platinum climbed above the $1100 level and tested yearly highs.

Gold, Silver, Platinum Forecasts

Gold

Gold
Gold 050625 Daily Chart

Gold made an attempt to settle above the resistance at $3350 – $3360 but lost momentum and pulled back.

A move below the $3350 level will open the way to the test of the $3300 level.

Silver

Silver
Silver 050625 Daily Chart

Silver soared as gold/silver ratio declined below the 94.00 level. Currently, silver is trying to settle above the resistance at $35.65 – $35.85.

In case this attempt is successful, silver will head towards the next resistance level at $37.30 – $37.50.

Platinum

Platinum
Platinum 050625 Daily Chart

Platinum rallied after the successful test of the previous resistance level at $1090 – $1095.

In case platinum climbs above the resistance at $1135 – $1140, it will move towards the next resistance at $1195 – $1200.

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

About the Author

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.

Advertisement