Report published August 25, 2026
Bank J. Safra Sarasin: Precious Metals Trading Desk View & Technical Strategy
Source and citation context
- Issuer
- Bank J. Safra Sarasin
- Report date
- August 25, 2026
- Analysis as of
- Not stated in source
Authors / editors: Vincent Georges
Finvaulta summarizes Bank J. Safra Sarasin's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Bank J. Safra Sarasin's precious metals trading desk maintains a bullish view across gold, silver, platinum, and palladium. The desk holds long strategic positions in gold (targeting 4773.00) and silver (targeting 71.55).
Key Takeaways
- 1.Gold (XAU/USD) remains bullish above 4495.00 targeting 4773.00; the desk maintains a long position in its strategic book.
- 2.Silver (XAG/USD) is positively oriented above 65.91 targeting 71.55, with the desk looking to trim strategic longs above 71.00.
- 3.Platinum (XPT/USD) is bullish above 1720.00 targeting 1982.00, while Palladium (XPD/USD) is bullish above 1198.00 with resistances at 1407.50 and 1625.00.
Table of Contents
- GOLD - XAU/USD (4650.00)
- SILVER - XAG/USD (68.55)
- PLATINUM - XPT/USD (1860.00)
- PALLADIUM - XPD/USD (1342.00)
- Contact
- Important Information
Report data
Key figures extracted from this report
| Metric | Estimate | Context |
|---|---|---|
| XAU/USD Spot Price | 4650.0 USD/oz | Price indicated at publication time |
| XAU/USD Support Level | 4495.0 USD/oz | Level above which gold remains bullish |
| XAU/USD Target | 4773.0 USD/oz | Upside target for gold |
| XAG/USD Spot Price | 68.55 USD/oz | Price indicated at publication time |
| XAG/USD Support Level | 65.91 USD/oz | Level to remain positively oriented |
Reports in this series
Precious Metals Trading Desk View is shown in chronological order through this edition, published on August 25, 2026.
Part of the Precious Metals Trading Desk View series — view all 5 editions
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Authors / Editors
Reported Data Context
- XAU/USD Spot Price: 4650.0 USD/oz (2026-08-25)
- XAG/USD Spot Price: 68.55 USD/oz (2026-08-25)
- XPT/USD Spot Price: 1860.0 USD/oz (2026-08-25)
- XPD/USD Spot Price: 1342.0 USD/oz (2026-08-25)