Gold, Silver, Platinum Forecasts – Gold Tests Historic Highs As Treasury Yields Fall
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Gold is testing new highs amid a significant pullback in Treasury yields, potentially targeting the $3,100 psychological level. Silver faces resistance around $34.60-$34.85 and might retreat to $32.75-$33.00, while platinum struggles to break above $980-$985 and could drop to $930-$935 support range.
March 28, 2025 | 6:00 pm
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POSITIVE IMPACT
Gold is testing new highs, with potential to reach $3,100 if it maintains support above $3,080, driven by declining Treasury yields.
Falling Treasury yields typically make gold more attractive as an investment, potentially driving prices higher. The technical setup suggests bullish momentum if $3,080 support holds.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Silver encounters resistance at $34.60-$34.85 and might retreat to support levels around $32.75-$33.00, influenced by the gold/silver ratio.
Technical resistance and the rising gold/silver ratio suggest Silver might experience a short-term pullback, with support levels identified between $32.75-$33.00.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90