But really smart connoisseurs of precious white would have stocked up on palladium, a platinum-group metal used in surgical devices, watches and electronic components.

CNN: ASIANOW - Asiaweek

Rhodium, platinum and palladium are part of the platinum group metals (PGMs), primarily used to manufacture automobile emission control devices.

FORBES: Rhodium Inches Higher on News of Emerging Investment Products

On Monday, Citi joined a number of other investment banks that cut their gold price outlooks for 2013 and boosted their outlook for the platinum metals group, which include platinum and palladium.

FORBES: Technical Trading: Platinum Bulls Poised to Strike, Gold Bulls Hang Tough

The trend continued in the platinum metals group, but was most evident in palladium.

FORBES: FOCUS: Speculators Scurry From Precious, Base Metals - CFTC

While speculators are cutting back exposure to gold and silver, they continue to add to bullish positions in the platinum group metals, despite being heavily long both platinum and palladium.

FORBES: FOCUS: Speculators Continue To Sell Gold, Silver Futures, Options -- CFTC

Managed-money accounts in the platinum group metals increased their net-long position in both platinum and palladium.

FORBES: FOCUS: Speculators Increase Gold Net-Long Positions --CFTC

In the platinum group metals, funds increased their net long positions in both platinum and palladium by adding to gross longs and cutting gross shorts.

FORBES: Speculators Start Buying Metals Futures, Options Again - CFTC

In the platinum group metals, funds increased their net-long positions in both platinum and palladium.

FORBES: FOCUS: Speculators Start Buying Precious Metals Futures, Options Again -CFTC

In the platinum group metals disaggregated report, speculators boosted their net long positions for both platinum and palladium.

FORBES: FOCUS: Speculators Return As Gold Buyers -- CFTC Data