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HomeGoldPlatinum Prices Continue to Decline – Forecast for December 2, 2024

Platinum Prices Continue to Decline – Forecast for December 2, 2024

Platinum prices have reinforced their bearish trend by testing the $950.00 level last Friday, failing to break above it and now trending lower towards $941.00.

The outlook remains negative, with expectations of further downward momentum. If the price continues to decline, it could target the next support at $920.00. A break below this level could open the door to further losses, with the next major target at $905.00.

The expected trading range for today is between $920.00 and $950.00.

Trend Outlook: Bearish

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