Metals Mostly Lower, Copper Soaring Higher

The metals market is much lower today, with the notable exception of copper, which is soaring on the back of a risk on day. Equities are jumping, with all three indexes sharply higher. Copper is up 7.65 cents to trade at $4.1325, a gain of 1.9%. Ipath Dow Jones Ubs Copper Total ETF JJC is up 92 cents to $53.73, a gain of 1.74%. Silver is down 94 cents to $40.93, as it looks it may break $40 if riskier assets continue to see a bid. Shares of Ishares Silver Trust ETF SLV are down $1.37 this morning, to trade at $39.68, a loss of 3.26%. Gold is plunging $61.30 an ounce to $1,812.00, a loss of 3.25%. Shares of Spdr Gold Trust ETF GLD are down $7.62 to $175.12. Platinum is down $36.90 an ounce, trading at $1,821.30, a loss of nearly 2%. The platinum ETF settings First Trust ISE Global Platinum Index PLTM is up 53 cents this morning to trade at $23.34. Palladium is up $2 an ounce today, trading at $756 an ounce, as it looks like it will break $800 an ounce sooner rather than later. Shares of ETFS Physical Palladium Shares PALL are lower today, down 13 cents to $74.23.