Metals Soaring, Gold Lagging

The metals market is much higher today, with the notable exception of gold, which has struggled to come back into positive territory. Equities are sharply higher, with all three indexes up over 2%. Copper is up 16.8 cents to trade at $3.658, a gain of just over 4.8%. Ipath Dow Jones Ubs Copper Total ETF (NYSE: JJC) is up $1.86 to $47.26, a gain of 4.1%. Silver is up sharply, up 63 cents to $33.94, a gain of 1.89% so far on the session. Shares of Ishares Silver Trust ETF (NYSE: SLV) are up 52 cents this morning, to trade at $33.02, a gain of 1.6%. Gold is down $2 an ounce to $1,721.50, a loss of 0.12%. Shares of Spdr Gold Trust ETF (NYSE: GLD) are down 1 cent to $167.39. Platinum is up $21.00 an ounce, trading at $1,618.00, a gain of 1.3%. The platinum ETF ETFS Physical Platinum Shares (NYSE: PPLT) is up $1.89 this morning to trade at $159.84, a gain of 1.2%. Palladium is up $21.50 an ounce today, trading at $667.50, as it looks like it will break $700 an ounce. Shares of ETFS Physical Palladium Shares (NASDAQ: PALL) are sharply higher today, up $1.99 to $66.00.