Gold, Silver, and Platinum Price Forecasts
Published: July 11, 2025
Author: Vladimir Zernov
Overview
The article discusses the current trends in the precious metals market, focusing on gold, silver, and platinum. Despite a stronger U.S. dollar and rising Treasury yields, gold prices are on the rise, indicating a bullish sentiment among traders.
Gold Forecast
Gold is attempting to settle above the $3350 level. Traders are currently focusing on geopolitical factors, such as Trump's tariffs, while largely ignoring the implications of rising Treasury yields. A successful move above the resistance levels of $3350 to $3360 could propel gold towards the next resistance zone of $3440 to $3450.
Silver Forecast
Silver is testing multi-year highs, currently trying to settle above the $38.00 mark. If this level is breached, silver could advance towards the next resistance levels of $39.80 to $40.00, reflecting a strong bullish sentiment among traders.
Platinum Forecast
Platinum has also seen a surge in demand, testing new highs. The Relative Strength Index (RSI) is nearing overbought territory, but there is still potential for further gains. If platinum can settle above $1450, it may target the resistance levels of $1495 to $1500.
Conclusion
The article highlights a positive outlook for precious metals, driven by strong demand and bullish market sentiment. Traders are advised to monitor key resistance levels for potential breakout opportunities in gold, silver, and platinum.