Gold rebounded after Tuesday's slump on hopes for additional stimulus measures in the US and Eurozone. At the same time, weakening physical demand from India continued to create pressure on the yellow metal.
Silver followed gold's suit, inching up by 0.05% after dismal US data. However, weak global equities and strong greenback capped the upswing.
Platinum declined despite potential supply cuts. On Wednesday, miners on strike and police of South Africa faced off at Lonmin's mine. Lonmin announced that it closed the Marikana mine on Tuesday.
Palladium slid on industrial demand concerns. Manufacturing activity in the New York-region worsened much more than expected in August.