Metals Plunging, Copper Down Sharply Again

The metals market is much lower today, with all of the base and precious metals sharply lower today. Equities are higher, but are well off their highs of the session. Copper is down 7.8 cents to trade at $3.363, a loss of just over 2.25%. Ipath Dow Jones Ubs Copper Total ETF

is down 48 cents to $43.42, a loss of 1.09%. Silver is down sharply, down 69 cents to $33.67, as it looks like $30 is the next mark for the precious metal. Shares of Ishares Silver Trust ETF

are down 45 cents this morning, to trade at $32.65, a loss of 1.36%. Gold is down sharply, down $34.40 an ounce to $1,757.20, a loss of 1.92%. Shares of Spdr Gold Trust ETF

are down $1.41 to $170.66. Platinum is down $24.30 an ounce, trading at $1,619.30, a loss of nearly 1.5%. The platinum ETF ETFS Physical Platinum Shares

is down $1.46 this morning to trade at $159.70, a loss of 0.9%. Palladium is down $9.80 an ounce today, trading at $645.05, as it looks like it will break $600 an ounce. Shares of ETFS Physical Palladium Shares

are lower today, down 30 cents to $63.79.