Gold faced selling pressure as traders opted to cash in near record highs, exacerbated by a rebound in the U.S. dollar. If gold fails to hold above $2475, it is likely to test support levels at $2445 – $2450. Silver Silver’s downward movement was influenced by the significant retreat in gold prices, with the gold/silver ratio rising above 85.50, bearish for silver. A break below the support around $28.75 – $29.00 could see silver testing the next support level at $27.20 – $27.50. Platinum Platinum is experiencing a decline alongside a broader pullback in precious metal markets. From a technical standpoint, platinum continues to trade within the range of $935 – $940 support and $975 – $985 resistance levels. For more insights on today’s economic developments, refer to our economic calendar.