
Silver Prices Decline as Dollar Strengthens and China’s Economic Uncertainty Grows
September 24, 2024
India’s Growing Solar Industry Boosts Silver Demand Despite Potential Market Risks
September 27, 2024Gold tested new highs during a strong rally, driven by robust demand from central banks despite being in overbought territory. Traders are focused on breaching the resistance at $2675 – $2685 to target the $2700 level. Silver followed suit, hitting new highs as the gold/silver ratio dipped below 83.50. Currently aiming to surpass the $32.00 level, silver may target the next resistance at $34.00 – $34.25 upon successful consolidation. In the platinum market, prices surged above the $1000 level after surpassing the $975 – $985 resistance. The next target for platinum lies within the $1020 – $1030 range, with a breakout past $1030 potentially fueling further upside momentum.



