
Silver Price Forecast: Silver Market Shows Strength, Approaching Key Technical Levels
September 6, 2024
India’s Comprehensive Economic Partnership Agreement Review Introduces Uncertainty in Global Silver Price Market
September 6, 2024Gold reached above $2520 – $2530 as the U.S. dollar weakened following a disappointing ADP Employment Change report. If gold breaches $2530, it could target historic highs near $2550. Silver is on a rebound, with the gold/silver ratio dropping below 87.50. A break above $28.75 – $29.00 resistance level could lead silver towards the next hurdle at $31.45 – $31.75. Platinum is gaining traction due to growing interest in precious metals. Traders are seizing opportunities to go long, with a resistance level at $935 – $940. A rise above $940 could propel platinum to face the next resistance around $975 – $985.



