Silver is down by greater than four% as merchants deal with rising gold/silver ratio.
Platinum declined in the direction of the $950 degree.
On this article:
Gold
-Zero.98%
Silver
-Three.61%
Platinum
-1.90%
Gold
Gold 081024 Every day ChartGold is shedding floor amid lack of extra optimistic catalysts. The current rebound of the U.S. greenback put materials stress on gold markets.
A transfer under the $2600 degree will push gold in the direction of the help at $2580 – $2590.
Silver
Silver 081024 Every day ChartSilver is underneath robust stress as gold/silver ratio climbed above the 86.00 degree.
If silver settles under the $30.00 degree, it’ll head in the direction of the 50 MA at $29.54.
Platinum
Platinum 081024 Every day ChartPlatinum pulled again amid broad sell-off in commodity markets, which was triggered by the robust pullback within the oil markets.
From the technical standpoint, platinum settled under the help at $975 – $985 and is attempting to settle under the 50 MA at $955. In case this try is profitable, platinum will head in the direction of the help at $935 – $940.
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