Increased risk aversion on the uncertain global economic outlook and concerns regarding the inevitable withdrawal of stimulus has seen equity markets come under pressure. Concerns that Chinese lending restrictions might curb economic growth in China also contributed. Gold has fallen with equities as it often does in the short term but as in recent years gold's correlation with equities will likely be short term and safe haven buyers are waiting to buy on the dips.
Silver Silver started the day at $17.92/oz but it has dropped off since to trade at $17.65/oz, €12.56/oz and £10.92/oz.
Platinum Group Metals Platinum is trading at $1,633/oz and palladium is currently trading at $472/oz. Rhodium is at $2,775/oz.