Metals Soaring, Copper Up Over 5%

The metals market is much stronger today, with all of the precious and industrial metals soaring on news that Europe may be able to solve its problems. Equities are sharply higher, with all three indexes up over 1%. Copper is up 17.2 cents to trade at $3.4550, a gain of just over 5%, the best among the metals today. Ipath Dow Jones Ubs Copper Total ETF

is up $1.54 to $44.81, a gain of 3.56%. Silver is up sharply, down $2.60, a gain of $32.58, a gain of 8.7%, the best among the metals class. Shares of Ishares Silver Trust ETF

are up $1.93 this morning, to trade at $31.70, a gain of 6.4%. Gold is up $66.70 an ounce to $1,661.50, a gain of just over 4%. Shares of Spdr Gold Trust ETF

are up $4.31 to $161.89, a gain of 2.74%. Platinum is up $27.30 an ounce, trading at $1,576.30, a gain of 1.74%, the weakest among the metals today. The platinum ETF settings First Trust ISE Global Platinum Index

is up $1.22 to $20.30, a gain of 6.4%. Palladium is up $29.45 an ounce today, trading at $656.85, as it looks like it will break $700 an ounce. Shares of ETFS Physical Palladium Shares

are sharply higher today, up $2.64 to $64.85.