The international precious metals market continued its downward trend today, with a significant decline. COMEX gold futures performed the best in terms of resilience, closing at $4,350.2 per ounce, down 4.45%. In contrast, silver futures experienced a steeper decline, with COMEX silver futures dropping sharply by 7.2% to $71.64 per ounce.



The spot market situation is even more severe. Spot silver plummeted nearly 9%, approaching a stage low. The "heavyweights" in the precious metals sector all lost ground—spot palladium fell over 15%, and spot platinum also did not escape, with a decline exceeding 14%. From futures to spot, from mainstream precious metals to minor metal varieties, this wave of selling has left almost no safe haven.
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WhaleMinionvip
· 9h ago
Damn, silver is directly halved? This is heading for a crash, and there's no safe haven.
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PumpStrategistvip
· 9h ago
The pattern has already formed, and this wave of selling shows that institutions are fleeing at high levels based on the distribution of chips. Palladium's 15% drop is a typical risk release rhythm. The group that was shouting to buy the dip earlier probably can't bear to look at the chart now [laugh]. --- Silver has halved by 9%? The RSI has long been overbought. The interesting point is whether the 4350 level can hold. If the technical support breaks, there’s still hope later on. --- This signal should have been seen three days ago. Only now chasing in is a typical leek mentality. Why wait until the spot market drops like this to react? --- Palladium down 15%, platinum down 14%, this is true deleveraging. Gold only fell 4.45% and is still resisting the decline, wait a moment. --- Spot prices are falling even more sharply than futures, indicating that retail investors are bottom-fishing and being forced to cut losses. Probabilistic strategies tell me this is a signal of the main players harvesting. --- Almost no safe haven? That means the market sentiment indicator has completely lost control. This is the key point to pay attention to. --- Looking at this data, I laughed. Those chasing highs and selling lows should be taught a lesson this time. But on the other hand, if you have enough chips, such extreme market conditions can actually be an opportunity.
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NullWhisperervip
· 9h ago
technically speaking, this selloff looks like a cascading liquidation event... palladium down 15%? that's not volatility, that's a vulnerability being exploited. let's dissect what actually triggered this domino effect.
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BTCRetirementFundvip
· 9h ago
Oh no, this silver halving is really unbearable.
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ZenChainWalkervip
· 10h ago
Wow, this round of precious metals is really brutal. Silver was cut in half? Palladium's 15% drop is outrageous, it feels like there's no safe asset anymore.
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