Precious Metals Update: Platinum Declines 1.02%
📊 Market Overview
Report Date: October 31, 2025
| Metal | Price | Daily Change (%) | MA21 | MA50 | MA100 | MA200 | RSI | MACD |
|---|---|---|---|---|---|---|---|---|
| Gold | $4021.40 | +0.15% | $4064.41 | $3816.70 | $3583.54 | $3334.51 | 52.68 | 55.05 |
| Silver | $48.56 | -0.05% | $48.62 | $44.94 | $41.16 | $36.99 | 54.64 | 0.78 |
| Platinum | $1597.90 | -1.02% | $1615.88 | $1508.53 | $1431.80 | $1214.62 | 52.69 | 17.75 |
| Palladium | $1482.50 | +0.63% | $1455.98 | $1293.83 | $1227.96 | $1097.25 | 57.95 | 42.49 |
🔸 Gold

Technical Analysis
Gold is currently trading at $4021.40, representing a slight increase of 0.15% for the day. The price is currently positioned below the 21-day moving average (MA21) at $4064.41, indicating potential resistance. Additionally, the 50-day (MA50) and 100-day (MA100) moving averages are below the current price, at $3816.70 and $3583.54, respectively, suggesting underlying support levels.
The Relative Strength Index (RSI) stands at 52.68, indicating a neutral momentum phase, while the MACD value of 55.05 may suggest bullish momentum, as it remains above zero. Overall, Gold is experiencing a consolidation phase within a medium-term bullish trend, with potential resistance at the MA21 and support at the MA50. Traders should monitor price action around these levels, as a breakout above the MA21 could trigger further upside, while a drop towards the MA50 may indicate weakness
🔸 Silver

Technical Analysis
As of the current price of $48.56, silver exhibits a slight daily decline of 0.05%. The immediate technical framework shows a consolidation phase, with the 21-day moving average (MA21) at $48.62 acting as a minor resistance level. The moving averages indicate a bullish long-term trend, with the MA50 at $44.94, MA100 at $41.16, and MA200 at $36.99, all trending upward.
Momentum indicators reveal a neutral to positive outlook; the Relative Strength Index (RSI) at 54.64 suggests a balanced market, neither overbought nor oversold. The MACD value of 0.78 indicates a potential for upward momentum as it remains above the zero line.
Support levels can be identified near the MA50 at $44.94, while resistance is likely at the recent high near MA21. Overall, with robust long-term support structures in place and neutral momentum indicators, silver remains poised for
🔸 Platinum

Technical Analysis
Platinum is currently trading at $1597.90, showing a daily decline of 1.02%. The price remains above the 21-day moving average (MA21) of $1615.88, indicating short-term bullish sentiment; however, its distance from this MA suggests potential resistance at this level. Long-term moving averages depict a strong bullish trend, with the 50-day MA at $1508.53, the 100-day at $1431.80, and the 200-day at $1214.62, signaling robust support below the current price.
The Relative Strength Index (RSI) stands at 52.69, suggesting neutral momentum without immediate overbought or oversold conditions. The MACD reading of 17.75 points to bullish momentum, though it warrants monitoring for potential reversals. Overall, the outlook remains cautiously optimistic; however, investors should keep an eye on resistance near $1615 and support at $1508 to gauge potential price movements
🔸 Palladium

Technical Analysis
Palladium is currently priced at $1482.50, reflecting a daily increase of 0.63%. The recent price action indicates a bullish trend, particularly as the asset is trading above its 21-day moving average (MA21) of $1455.98, suggesting short-term strength. The 50-day (MA50) and 100-day (MA100) averages at $1293.83 and $1227.96, respectively, show a solid upward trajectory, indicating sustained long-term bullish momentum.
The Relative Strength Index (RSI) at 57.95 signals that palladium is neither overbought nor oversold, maintaining a balanced momentum. Meanwhile, the MACD at 42.49 supports this positive sentiment, signaling a potential continuation of the upward trend.
In terms of support and resistance levels, a strong support is identified around the MA21 at $1455.98, while resistance could be established at psychological levels near $1500. Overall,
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