A sharp selloff is unfolding across both precious and industrial metals:

• ⚠️ Gold −3%
• ⚠️ Silver −9%
• ⚠️ Platinum −5%
• ⚠️ Palladium −4%
• ⚠️ Aluminum −1%
• ⚠️ Copper −3%
• ⚠️ Nickel −4%

• Silver (-9%) is significantly underperforming gold, signaling risk-off positioning and potential liquidation pressure.
• The decline spans both safe-haven metals and cyclical industrial metals, suggesting broader macro or liquidity-driven selling.
• Copper’s weakness may reflect growth concerns, while platinum and palladium declines hint at softer industrial demand expectations.

• Rising real yields
• USD strength
• Deleveraging across commodity-linked trades
• Hedge fund positioning shifts

When both precious and base metals fall simultaneously, it often signals macro tightening conditions or cross-asset liquidation flows rather than isolated sector weakness.

Traders will watch:

📉 Dollar index (DXY)

📊 US bond yields

🌍 China-related macro headlines

⚠️ #gold #silver #platinum #palladium #copper #nickel #aluminum #commodities