Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3.4% Amid Global Bond Market Sell-Off - FXEmpire

AI desk brief

Gold is under pressure as the global bond sell-off pushes U.S. yields to fresh highs, with 2-year Treasuries above 4.91%, 10-year near 5.24%, and the 30-year testing 5.58%. The piece says gold is trying to hold $4,160-$4,180, with a break lower exposing $4,000-$4,020; rising rate-hike odds and a stronger dollar are the main near-term headwinds.

Silver is weaker alongside gold, with the gold/silver ratio near 67.50 and resistance implied if it holds above its 50-day average at 67.67. Silver is trading below its 50-day at 63.86 and eyeing 61.00-62.00 support, while platinum is testing $1,700-$1,720; a break there would target $1,600-$1,620, with upside only if it reclaims 1,749.