Gold advanced despite appreciation in US Dollar amid upbeat current account data. Meanwhile, traders locked in profits after previous rally of the yellow metal.
Silver gained slightly despite weak global stock markets and solid greenback. Positive US data showing that the national current account deficit narrowed more than expected in Q2 pushed the US Dollar up, thus sending the white metal lower.
Platinum plunged on news that striking miners at South African Lonmin mine accepted a wage offer, thus reducing supply-risk premium for the metal.
Palladium sank on escalated geopolitical tensions between China and Japan that may weight on industrial demand prospects for the metal.