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Multiple precious metals show a downward trend
According to market information, the overall metal commodities are showing a soft trend, with each product recording declines on a daily basis.
The most notable decline is in palladium, which has fallen to around $1,400 per ounce, showing a daily decrease of 1.81%. Similarly, gold, another precious metal, has dipped below $4,140 per ounce, with a daily decline of 0.79%.
Additionally, silver is also exhibiting a bearish movement, trading below $52 per ounce. It has recorded a daily negative return of 0.52%.
Overall, the metal market today, led by palladium, is entering a price adjustment phase for multiple commodities, attracting close attention from investors.