U.S. Stocks End Mixed; Dow Jones Industrial Average Up 0.09%
September 5, 2024Silver Prices Hold Steady Before NFP Report; Market Watches for Possible Break Above $30 Resistance
September 7, 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.