Gold moved higher as traders bet on a less hawkish Fed. Silver found support near $22.60 and made an attempt to settle back above the $23.00 level. Platinum climbed back above the $900 level.

Platinum 080523 Daily Chart. Platinum is trying to settle above the $1080 level as traders react to the rally in palladium markets, which are up by 4.5% in today’s trading session.. A move above ...

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Platinum rose 3.1% to $1,302.17, highest since February 2021. "The high price of gold has shrunk Chinese gold jewellery demand and there are high hopes that platinum will be the substitute.