Precious Metals Update: Silver Declines 1.31%
· Commodities · QuoteReporter
Precious Metals Update: Silver Declines 1.31% – RSI at 52

Market Overview
Report Date: November 21, 2025
| Metal | Price | Daily Change (%) | MA21 | MA50 | MA100 | MA200 | RSI | MACD |
|---|---|---|---|---|---|---|---|---|
| Gold | $4061.20 | +0.04% | $4046.85 | $3974.92 | $3689.52 | $3428.97 | 51.98 | 28.38 |
| Silver | $49.64 | -1.31% | $49.26 | $47.77 | $43.19 | $38.35 | 51.88 | 0.87 |
| Platinum | $1521.00 | +0.24% | $1565.86 | $1562.38 | $1468.15 | $1257.68 | 43.90 | -9.21 |
| Palladium | $1384.00 | -0.17% | $1429.00 | $1380.17 | $1278.79 | $1129.51 | 45.45 | 0.89 |
Gold

Technical Analysis
Gold is currently trading at $4061.20, reflecting a negligible daily change of 0.04%. The price is positioned above the 21-day moving average (MA21) at $4046.85, indicating a short-term bullish trend. The ascending MA50 ($3974.92) and notable distance from the MA100 ($3689.52) and MA200 ($3428.97) further support a positive medium to long-term outlook.
The Relative Strength Index (RSI) stands at 51.98, suggesting that gold is neither overbought nor oversold, allowing for potential further upward movement without immediate correction risks. The MACD of 28.38 reinforces this momentum, indicating a strengthening bullish trend.
Key support is identified at the MA21, while resistance may arise around psychological levels above current prices. Overall, with bullish indicators and solid technical structure, gold appears poised for continued gains in the near term, attracting both speculative and long-term investment interest.
Silver

Technical Analysis
Silver is currently trading at $49.64, reflecting a daily change of -1.31%. The price is situated above its 21-day moving average (MA21) at $49.26, indicating short-term bullish sentiment. However, the broader context shows stronger support at the 50-day moving average (MA50) of $47.77 and a further cushion at MA100 of $43.19, suggesting stable longer-term uptrend potential.
The Relative Strength Index (RSI) is at 51.88, indicating neutral momentum, but it is approaching overbought territory. The Moving Average Convergence Divergence (MACD) value of 0.87 reflects positive momentum, although a potential convergence signal could suggest weakening upward pressure if it approaches the signal line.
In summary, while silver shows some signs of bullish potential, caution is warranted as it approaches key resistance levels. A break below the MA50 could indicate a shift in market sentiment. Traders should monitor momentum indicators closely
Platinum

Technical Analysis
Platinum is currently trading at $1,521.00, reflecting a modest daily change of 0.24%. The price remains below key moving averages, with the 21-day (MA21) at $1,565.86 and the 50-day (MA50) at $1,562.38, indicating bearish short- to medium-term sentiment. The MA100 at $1,468.15, however, serves as a potential support level, while the critical MA200 at $1,257.68 suggests long-term bullish potential if the price stabilizes above this level.
The Relative Strength Index (RSI) at 43.90 indicates a neutral stance, suggesting neither overbought nor oversold conditions. The MACD at -9.21 reinforces this view, highlighting weak momentum. In the near term, Platinum faces resistance around $1,565.86; a break above could signal a potential upward trend reversal. Conversely, maintaining above the MA100 is vital
Palladium

Technical Analysis
Palladium is currently trading at $1384.00, reflecting a slight daily decline of 0.17%. The ongoing price sits just above the 50-day moving average (MA50) of $1380.17, which may serve as a crucial support level. The 21-day moving average (MA21) at $1429.00 indicates recent resistance, suggesting a potential struggle for bulls. Meanwhile, the Relative Strength Index (RSI) is at 45.45, indicating neutral momentum, which could lead to sideways movement in the short term. Additionally, the MACD at 0.89 shows a bullish signal, but it remains below its signal line, implying limited upward momentum. Focus should be on the 200-day moving average (MA200) at $1129.51 as a long-term support level. Overall, while the outlook remains cautiously optimistic, traders should watch for consolidation around current levels before committing to decisive positions.
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