Four metals up, and a palladium mark three sessions old retired
Kitco's board read gold $4,394.60, silver $65.38, platinum $1,749.00 and palladium $1,311.00 at 05:59 New York time. All four are written back. The palladium mark being replaced was set on 14 August and sat below every live reading taken today.
By The Gold & Metals Desk
What changed
Kitco's live board at 05:59 New York time read gold at $4,394.60 an ounce, silver at $65.38, platinum at $1,749.00 and palladium at $1,311.00. All four are written back over the 04:59 marks and are now this paper's marks of record, with the source named and the timestamp new.
What it means
- The three-day gap in this tape is the paper's, not the market's, and the distinction matters more than it sounds. Nothing stopped trading between Friday and this morning; only the printing stopped, and a reader who takes the change column at face value would think gold moved $19.00 since this paper last spoke to them when it moved $38.40.
- That is why both bases are on the page. The second lesson is the one palladium keeps teaching: a rule written to stop a paper printing a number it cannot defend will, if followed mechanically, end up defending a number nobody is quoting.
- Two sessions of holding is caution. Three sessions of holding, while four separate pages print higher figures, is just an old number with a procedure wrapped around it.
Key figures
| gold, vs this paper's 14 Aug mark | $4,394.60 |
|---|---|
| silver, same basis | $65.38 |
| platinum, same basis | $1,749.00 |
| palladium, a three-session hold ends | $1,311.00 |
Source: The tape, 17 August
Four marks, one board, two bases
Two comparisons are printed here rather than one, because no edition published on 15 or 16 August and the two bases answer different questions. Against Kitco's own previous close the moves are a single session: gold up $19.00, silver up $0.80, platinum up $4.00, palladium up $13.00.
Against this paper's last printed marks of 14 August the moves are three days deep: gold up $38.40 or 0.88%, silver up $0.61 or 0.94%, platinum up $24.00 or 1.39%, palladium up $14.00 or 1.08%. All four metals are higher on both bases.
The mark being retired is palladium's $1,297.00, set on 14 August and carried unchanged since. The tape desk declined to write it back at 04:59 this morning, having found Kitco at $1,311.00 against FXEmpire at $1,320.55, a gap of $9.55 or 0.73%, and held the older figure under the two-page rule.
At 05:59 this desk read two further pages: TradingEconomics at $1,331.00 and JM Bullion at $1,351.00. Four live readings, spanning $40.00 or 3.05% from low to high, and every one of them above the held mark.
Palladium is a thin metal quoted on wide spreads and the disagreement between those four pages is real and is disclosed here rather than reconciled. What the disagreement does not support is $1,297.00, which is not one of the four numbers and is below all of them.
Palladium on four pages, 17 August · dollars an ounce
Source: The tape, 17 August
The mark that sat below everybody
That is the argument that ended the platinum hold on 14 August, applied to the other white metal.
Platinum today shows the same basis this paper has now recorded for a fourth consecutive session: Kitco at $1,749.00 against TradingEconomics at $1,760.40, $11.40 or 0.65% low, the same sign and roughly the same size as the gaps of 12, 13 and 14 August.
A difference that recurs in one direction across four sessions describes how two pages are quoting, not a market nobody can read, and this paper prints Kitco because Kitco is the board carrying the other three marks.
Gold and silver each cleared their second page cleanly, at $4,394.79 and $65.484 on TradingEconomics, 0.004% and 0.16% from the marks printed here.
| Figure | |
|---|---|
| Jm Bullion, 06:01 Edt | $1,351.00 |
| Tradingeconomics | $1,331.00 |
| Fxempire, Per The Tape Desk | $1,320.55 |
| Kitco, 05:59 Edt | $1,311.00 |
| The Held Mark, 14 Aug | $1,297.00 |
Four live readings taken this morning span $40.00, or 3.05%, and disagree about palladium in a way this desk discloses rather than resolves. The mark being retired is not one of the four and sits below all of them. Kitco is taken because it carries the other three marks on this tape. Carat Capital graphics desk.
What it works out to at the bench
At 31.1035 grams to the troy ounce the four marks work out at $141.29 a gram of fine gold, $2.10 a gram of fine silver, $56.23 a gram of fine platinum and $42.15 a gram of fine palladium, all this desk's arithmetic.
The gold-to-silver ratio, this desk's division of its own gold mark by its own silver mark on the same board at the same minute, reads 67.22 against 67.26 on 14 August: four hundredths of a point across three days in which both metals rose about nine-tenths of a per cent.
Silver has not outrun gold and gold has not outrun silver. For a workshop repricing stock this morning, the practical figure is palladium, where the shelf price moves 1.08% in one step because the previous step never happened.
The story so far
Go deeper
Method
Four live readings taken this morning span $40.00, or 3.05%, and disagree about palladium in a way this desk discloses rather than resolves. The mark being retired is not one of the four and sits below all of them. Kitco is taken because it carries the other three marks on this tape.
Sources
- Gold, Silver, Platinum & Palladium spot prices — Kitco (17 August 2026, 05:59 EST live board)
- Commodity prices, precious metals table — TradingEconomics (read 17 August 2026)
- Palladium prices today per ounce — JM Bullion (17 August 2026, 06:01 EDT)
- The platinum hold ends at $1,725 after three mornings — Carat Capital (14 August 2026)