-
Gold, Silver, Platinum Forecasts – Gold Rebounds Amid Rising Demand For Safe-Haven Assets
Gold: chart Gold rebounds as demand for safe-haven assets is rising after the release of the disappointing U.S. GDP Growth Rate report. In case gold manages to settle above the $2350 level, it will head towards the nearest resistance, which is located in the $2390 – $2400 range. Silver: chart Silver gains ground as traders ignore rising Treasury yields and focus on the solid performance of gold markets. U.S. dollar’s pullback provided additional support to silver markets. A move above the $27.50 level will open the way to the test of the nearest resistance at $27.75 – $28.00. Platinum: chart Platinum ... (full story)