Minmetals Futures: Precious metal prices plunge but remain volatile at high levels

2026-03-06 19:41:41

Due to the decline in U.S. technology stocks, investors were forced to close positions and cover losses, leading to a sharp drop in precious metal prices. However, supported by global central bank gold purchases and geopolitical risks, prices remain volatile at high levels. The market’s focus is now shifting to Friday’s CPI data. The current strategy is to stay on the sidelines for now. (Wukuang Futures)

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