Precious Metals "Red Hot" Rally Set to Continue, Say Strategists Gold, silver, and platinum prices have surged following softer-than-expected U.S. inflation data, which raises the prospect of Federal Reserve rate cuts. Gold reached a three-week high, silver hit its highest level in over three years, and platinum climbed to a near one-year peak. Saxo Bank strategists predict gold could soon test $2,400, silver may reach $30, and platinum has the potential to hit $1,130 per ounce. Despite some cautious forecasts, analysts from ROTH Capital Partners see gold potentially reaching $2,600 and silver climbing as high as $37. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Central Banks Tread Cautiously in Final Stretch of Inflation Battle READ MORE Central Bank Gold Purchases Surge to 33 Tons in April READ MORE Gold Soars to All-Time High as Dollar Weakens and Rate Cut Hopes Grow READ MORE Gold gains hugely in popularity among American Investors – Gallup Survey 2023 READ MORE Charted: Workers Win As Wage Growth Outpaces Inflation READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment