Record levels on Wall Street do not stop precious metals, typical safe haven assets, from forging a rally on their own. Another day of bond price gains sees all precious metals making strong gains. Platinum prices soar by over 2% for the second straight day. The platinum market was left a bit behind as gold prices are already testing 7 year highs. Precious metal traders should look for more clues from numerous Fed speakers today and the FOMC minutes release (7pm GMT).

Morning wrap: Wall Street and precious metals attempt to stabilize as oil gains nearly 2%
Daily summary: Wall Street recovers losses despite a surge in yields 🗽 Gold and silver retreat
Large decline in crude inventories 🛢️📉
📉 Gold loses 1.7%