31 May 2017

The precious metals complex finished mixed on Tuesday, the first day of trading of the new week following holidays in the US, the UK and China. Given that there was not much in terms of news, some of the moves in the space were quite sizable. Gold, for example, was down as much as $10/ounce at one point before recovering slightly at the close, while platinum was off by almost $25/ounce, close to where it ended. Silver had a minor gain, but palladium rocketed higher, closing back over the $800 mark after advancing by more than $20/ounce.