Precious Metals Trading Desk View

Latest edition · August 28, 2026

PreciousMetalsTradingDeskView 20260828 en

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.

In this trading desk update from Bank J. Safra Sarasin dated August 28, 2026, the desk outlines bullish views across the precious metals complex. They remain strategically long XAU/USD (4608.00) with plans to accumulate on dips toward 4570.00, 4540.00, and 4450.00. Silver (XAG/USD at 70.52) is also held long with targets at 71.55 and 77.00, valid above 67.63. Platinum (XPT/USD at 1877.00) targets 1911.00 and 1982.00 above 1732.00 support, while Palladium (XPD/USD at 1380.00) targets resistance at 1406.75 and 1564.50 while holding above 1289.00.

Key takeaways from the latest edition

• 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.

What this series covers

• GOLD - XAU/USD (4608.00)
• SILVER - XAG/USD (70.52)
• PLATINUM - XPT/USD (1877.00)
• PALLADIUM - XPD/USD (1380.00)
• Contact
• Important Information

Edition archive

• PreciousMetalsTradingDeskView 20260828 en

  August 28, 2026

• PreciousMetalsTradingDeskView 20260826 en

  August 26, 2026

• PreciousMetalsTradingDeskView 20260825 en

  August 25, 2026

• PreciousMetalsTradingDeskView 20260817 en

  August 17, 2026

• PreciousMetalsTradingDeskView 20260721 en

  July 21, 2026