Gold, Silver, Platinum Forecasts – Gold Is Flat As Traders Ignore Rising Treasury Yields

Gold

Gold is mostly flat as traders ignore rising Treasury yields and focus on geopolitical developments.

From the technical point of view, gold remains stuck below the key resistance at $2675 – $2685.

Silver

Silver is moving higher as gold/silver ratio pulled back below the 83.00 level. Gold/silver ratio is moving towards multi-week lows, which is bullish for silver.

If silver stays above the $31.75 level, it will head towards the resistance at $34.00 – $34.25.

Platinum

Platinum did not manage to stay above the psychologically important $1000 level and pulled back.

If platinum settles below the support at $975 – $985, it will head towards the next support level at $935 – $940.

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