Platinum closed at another new high for the month of July at $1576.80. There isn’t much fundamental oomph to this rally though. It seems purely technical in nature. With a tepid day in the S&P and a reassuring $14 technical bounce in gold, it’s copper that is roaring ahead of the pack with another high for it’s recent upward move.

Oct platinum $1,576.80, up $13.40; Range $1,554.00-$1,579.00

Sep palladium $500.00, up $8.80; Range $485.00-$500.95

Dec gold $1,183.90, up $12.70; Range $1,168.00-$1,185.80

Sep silver $18.003, up 38.6 cents; Range $17.530-$18.125