Page 34 - Bullion World Volume 5 Issue 06 June 2025
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Bullion World | Volume 5 | Issue 06 | June 2025

              a possible deeper correction to $2,900 aligning   •   Long-term perspective: The outlook remains
              with the .618 Fibonacci retracement—though this    bullish through the next year and up to the APPMC
              appears unlikely unless geopolitical tensions ease.   2026 event, with gold potentially trading between
                                                                 $3,500 and $4,000. The worst-case scenario
                                                                 envisages a decline to $2,600–$2,700, which is
                                                                 presently improbable.




           Silver: Industrial Demand Fuels Optimism


           Silver is trading at $33.30 per troy ounce, up significantly from $28 a year ago. Driven by rising industrial demand
           alongside declining supply, silver’s upside potential appears strong, especially relative to gold’s performance.

           •   Short-term range: The metal is fluctuating     •   Long-term prospects: Over the next 2–3 years,
              between $31.80 and $33.80 and is likely to remain   silver may challenge the $50 mark, contingent
              within this corridor unless a breakout occurs.     on supply-demand dynamics and the scale of                                                          The same,
                                                                 industrial consumption.
           •   Medium-term forecast: Should silver close
              decisively above $33.80, it may rally to $36–$38 by                                                                                              yet so different.
              year-end, supported by a solid base near $28.






















           Platinum and Palladium: Muted Moves Expected


           Platinum and palladium prices are relatively subdued, trading at $1,045 and $975 respectively.

           •   Platinum finds support between $850 and $900   •   Palladium is expected to remain range-bound
              and could surge toward $1,250 if it closes strongly   between $900 and $1,200. A sustained close
              above $1,150.                                      above $1,200 is needed to confirm a bullish
                                                                 breakout, though this scenario seems less likely in
                                                                 2025.








                           Conclusion
                           The precious metals sector in mid-2025 is defined by strong gold
                           momentum driven by geopolitical uncertainties and a cautiously optimistic
                           silver market propelled by industrial demand. While platinum and
                           palladium remain subdued, their potential for upward movement persists
                           under specific price triggers. Investors should watch key resistance and
                           support levels closely, as gold’s performance will likely set the tone for the
                           sector’s trajectory in the months ahead.




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