European Stocks and U.S. Futures Open September on a Slightly Lower Note
September 2, 2024Silver Prices Slide as Market Struggles around $28.22 Pivot Point
September 4, 2024Gold remains stagnant near the $2500 mark as traders await further catalysts, with potential downside momentum on settling below this level towards support at $2445 – $2450. Silver Retraces Amid Rising Gold/Silver Ratio Silver retraces as the gold/silver ratio rises above 87.50, posing a challenge for silver bulls. If silver remains below the $28.75 – $29.00 support, it could move towards the next support level at $27.20 – $27.50. Platinum Fluctuates Around $920 Level Platinum attempts to surpass the $920 level but retreats, regaining ground above $925. A settlement below $920 could drive platinum towards the nearest support around $890 – $900.