The current circumstances in the precious metals markets are remarkably similar to those on June 27 and 28 of 2013.
- Gold put down a new low since the 2014 recovery faltered. But the yellow metal is cutting its intraday loss towards the close.
- Gold is playing it solo: though platinum group metals followed in the plunge, their recovery was swift and Palladium reversed to the positive, while platinum is breaking even by 4 pm and seems to evolve to a positive close.
- Silver reluctantly follows gold, but never was down more than a couple of cents.