Gold, Silver, and Platinum Price Forecasts
Published: July 09, 2025
Author: Vladimir Zernov
Market Overview
Gold prices are experiencing a rebound as traders react to falling Treasury yields. The technical outlook for gold indicates that it must settle above the resistance levels of $3350 to $3360 to gain further upward momentum.
Gold Analysis
Gold is currently up by 1.97%. The recent pullback has not deterred traders, who are optimistic about the potential for a price increase. The focus remains on the performance of Treasury yields, which are influencing gold's price trajectory.
Silver Analysis
Silver has seen a decline, dropping below the $36.50 mark, with the gold/silver ratio moving towards 91.00. A successful test of the support levels at $35.65 to $35.85 could lead silver to the next support level at $34.60 to $34.80. Currently, silver is up by 5.24%.
Platinum Analysis
Platinum remains in a trading range, oscillating between support at $1335 to $1340 and resistance at $1400 to $1405. If silver falls below $1335, it may head towards the next support level at $1270 to $1275. Platinum is currently up by 3.79%.
Conclusion
The current market conditions suggest a cautious optimism for gold, while silver and platinum face challenges. Traders are advised to monitor key support and resistance levels closely as they navigate these commodities.