While President Obama pleaded his case for a military strike against Syria, when he addressed the nation last night, diplomacy appears to the path of least resistance for the administration as a vote by Congress has been postponed and Secretary of State Kerry will head to Geneva to further the discussion.

While President Obama pleaded his case for a military strike against Syria, when he addressed the nation last night, diplomacy appears to the path of least resistance for the administration  as a vote by Congress has been postponed and Secretary of State Kerry will head to Geneva to further the discussion. The precious complex remains near yesterday’s closing levels, reached after developments on the Syrian situation. It was reported that the Syrian government had agreed to a proposal by Russia that would place the country’s chemical weapons under the control of the international community. Gold fell more than 1.5% and closed the previous session at $1364. The yellow metal now trades modestly lower at $1362. Silver is slightly higher, now trading $23.12, after closing Tuesday’s session at $$23.016. Platinum is licking its wounds as well after yesterday’s sharp decline. The white metal now trades $1477, slightly higher than yesterday’s close. Palladium remains the exception, having climbed more than 1% to start the day. Palladium now trades just above the $700 mark. Have a great day!