It's relatively easy to see when we look at recent activity in the precious metals complex that at least recently, gold has been lagging behind gains seen in the other three precious metals.

Of all of the precious metals traded on the futures markets (gold, silver, platinum and palladium), it seems that platinum is in a group by itself as it has consistently risen for the last three consecutive weeks.

There were multiple factors which influenced pricing taking the precious yellow metal sharply lower. Concurrently the industrial component of silver allowed it to actually gain respectably on the day.