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Dramatic price reversal in precious metals in early trading

April 24, 2014

London (Apr 24)  Just one hour ago gold was slammed down $12 to $1270, and silver was off nearly 2% to $19.00. However, during the past 40 minutes all precious metals reversed and went ballistic. Gold  is now up $5 to $1292, silver is up 25 cents to $19.74, platinum is up $18 up from moring low to $1410, while palladium  is up $18 to $796.

The only news known at this point is that the Ukraine tutmoil has reignited with at two dead today.

 

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