An odd mixed bag in the precious metals’ markets today, with gold and palladium trading lower, and silver and platinum trading higher. This all with dollar weakness providing tailwind support for all metal prices.
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We have a mixed bag in the precious metals today with gold and palladium trading higher on the day but platinum and silver trading lower. In terms of percentage gains, once again it is palladium that is leading the way.
Gold, silver and platinum are all trading lower today. Gold pricing had the greatest percentage drawdown on the day, with the most active June futures contract currently trading at $1291.70 which is a decline of $6.80, or .52%.