Precious metals shine collectively, with silver approaching a historic high.



Today, COMEX silver futures for the current month rose by $4.563 to $81.22 per ounce, a 5.95% increase. Spot silver also followed suit, rising to $81.25 per ounce, up 6.06%. This wave of silver market momentum is indeed fierce—the entire precious metals sector is busy. Gold futures increased by $54.20 to $4505.7 per ounce, up 1.22%; platinum surged by $170.8 to $2456 per ounce, a 7.47% increase; palladium also showed strength, rising by $126.4 to $1892 per ounce, up 7.16%.

LME nickel performed equally impressively, rising by $1427 to $18430 per ton, an 8.39% increase.

However, the energy sector tells a different story. WTI crude oil futures on January 06 fell by $1.35 to $56.97 per barrel, a 2.31% decline. While precious metals are hot, crude oil is weakening—such divergence in the current market environment is not surprising.
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MemeKingNFTvip
· 01-09 22:56
Silver reaches a historic high, but I feel uneasy... Isn't this a classic "market sentiment overheating" signal? The on-chain data has already indicated it. --- Hey, the pace is rapid, with precious metals soaring across the board, but crude oil is plunging? Feels like setting a landmine for the market. --- Silver +6%, platinum +7%... Wow, these gains look fierce, but I always feel this is the last fake-out before the bottom is truly in. Going with the trend is fine, but don't let the retail mentality lead you astray. --- Platinum and palladium soaring together, and London nickel hitting 8%? Is this a bearish signal? Why is no one discussing the liquidity issues behind this? --- Is a new all-time high necessarily a good thing? I've already taken enough losses in the NFT market. I need to think more about this "mainland sinking and rising" in precious metals. --- Crude oil crashes, precious metals celebrate, and market sentiment is split like this... I bet this is the last turbulence before a consensus forms at the bottom. --- Wait, this recent wave of precious metals market, I feel like I've seen it before. Is it a replay of a failed cycle? I need to check the on-chain data. --- Silver is at $81, if it rises further, it will break my psychological threshold. Should I buy the dip now or wait? My mind is a bit chaotic.
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GasFeeSobbervip
· 01-09 18:35
The recent surge in silver is quite intense, almost breaking the all-time high? Should I jump in now or wait a bit?
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failed_dev_successful_apevip
· 01-09 03:21
The surge in silver is incredible, pushing close to its all-time high at $81, and platinum and palladium are going crazy... It's just strange that crude oil is still falling.
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NFTBlackHolevip
· 01-07 00:46
Silver is taking off, I need to stock up now. I still feel there's more to come later.
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GateUser-3824aa38vip
· 01-07 00:29
Silver is going crazy this wave, soaring directly... But why is crude oil still falling? The divergence is too obvious.
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RatioHuntervip
· 01-07 00:24
No one can stop this crazy surge in silver, but reverse trading in crude oil is really interesting... Is the risk aversion sentiment rising again?
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