Report published August 28, 2026
Bank J. Safra Sarasin: Precious Metals Trading Desk View (August 2026)
Source and citation context
- Issuer
- Bank J. Safra Sarasin
- Report date
- August 28, 2026
- Analysis as of
- Not stated in source
Authors / editors: Vincent Georges (Trader)
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 stance across Gold, Silver, Platinum, and Palladium as of August 28, 2026. The desk holds strategic long positions in XAU/USD and XAG/USD, targeting further upside while defining key accumulation support levels.
Key Takeaways
- 1.The trading desk remains strategically long Gold (XAU/USD at 4608.00) and looks to accumulate on pullbacks toward 4570.00, 4540.00, and 4450.00.
- 2.Silver (XAG/USD at 70.52) maintains a positive orientation above 67.63, with upside price targets at 71.55 and 77.00.
- 3.Platinum (XPT/USD at 1877.00) and Palladium (XPD/USD at 1380.00) stay bullish while trading above key support levels of 1732.00 and 1289.00, respectively.
Table of Contents
- GOLD - XAU/USD (4608.00)
- SILVER - XAG/USD (70.52)
- PLATINUM - XPT/USD (1877.00)
- PALLADIUM - XPD/USD (1380.00)
- Contact
- Important Information
Report data
Key figures extracted from this report
| Metric | Estimate | Context |
|---|---|---|
| XAU/USD Spot Price | 4608.0 USD/oz | Current spot level at publication |
| XAU/USD Daily Support / Yesterday's Low | 4566.9 USD/oz | Support level and previous day low |
| XAG/USD Spot Price | 70.52 USD/oz | Current spot level at publication |
| XAG/USD Price Target | 77.0 USD/oz | Secondary upside price target for Silver |
| XPT/USD Spot Price | 1877.0 USD/oz | Current spot level at publication |
Reports in this series
Precious Metals Trading Desk View is shown in chronological order through this edition, published on August 28, 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: 4608.0 USD/oz (2026-08-28)
- XAU/USD Daily Support / Yesterday's Low: 4566.9 USD/oz (2026-08-27)
- XAG/USD Spot Price: 70.52 USD/oz (2026-08-28)
- XPT/USD Spot Price: 1877.0 USD/oz (2026-08-28)
- XPD/USD Spot Price: 1380.0 USD/oz (2026-08-28)