January platinum settled $29.10 higher today at $1713.10.  The high of the day was $1729.90, keeping the session within the projected consolidation range of $1628 to $1730.  The $1730 level could be pierced with a close any day now but the lack of enthusiasm in gold keeps me cautious.  

Yields on the long end or the Treasury curve continue to rise making the interest-less precious metals less attractive.  It may take some time for higher interest rates to make themselves felt in the commodity spectrum but Treasury prices are indeed sinking, raising rates.

Jan platinum $1,713.10, up $29.10; Range $1,682.00-$1,729.90

Mar palladium $763.70, up $31.40; Range $731.70-$773.90

Feb gold $1,389.30, up $1; Range $1,385.10-$1,399.70

Mar silver $28.572, up 15.9 cents; Range $28.330-$29.080