Gold and silver, continue to leak oil heading into the end of the week.

Platinum and palladium are modestly softer from yesterdays close while the other half of the fantastic four, gold and silver, continue to leak oil heading into the end of the week. Gold’s failure to break through $1695 coupled with a better-than expected earnings season has knocked the yellow metal down roughly $30 from the weeks highs. Silver  has followed suit and is down another .85% to start the session. The selling of perceived safe-havens has not spilled over into the PGM’s as sentiment seems to have shifted from “apocalyptic” to “not so bad” regarding the broader global economy as data seems to be giving investors hope that we’re slowly climbing out of the hole. Don’t worry, that should all change in a few months when U.S. lawmakers meet in the congressional octagon to fight over balancing the budget…again. December New home Sales are on tap for today as well as more corporate earnings which have, thus far, exceeded expectations and lent to the chipper mood on Wall St. Have a great day!