Precious metals collectively plummet! Key commodity index rebalancing begins tomorrow
Precious metals plummeted significantly, with spot gold falling below USD 4,450 per ounce, spot silver dropping over 3% during the day, spot platinum declining over 7%, and spot palladium falling over 5%. The highly watched Bloomberg Commodity Index (BCOM) is set to undergo its annual weight rebalancing in January 2026
On January 7th, precious metals plummeted significantly, with spot gold falling below $4,450 per ounce, spot silver dropping over 3% during the day, spot platinum declining over 7%, and spot palladium decreasing over 5%. The highly watched Bloomberg Commodity Index (BCOM) is set to undergo its annual weight rebalancing in January 2026.
Asian stock markets experienced fluctuations, with the Tokyo Stock Exchange Index down 1% to 3,502.88 points, and the Nikkei 225 Index also down 1%.
13:52
Spot gold fell below $4,450 per ounce, spot silver dropped over 3% during the day, spot platinum declined over 7%, and spot palladium decreased over 5%. The highly watched Bloomberg Commodity Index (BCOM) is set to undergo its annual weight rebalancing in January 2026. During this period, passive funds will be forced to conduct "technical sell-offs." It is expected that the scale of futures selling will account for 9% and 3% of the total holdings of silver and gold, respectively.
13:08
The Tokyo Stock Exchange Index fell 1% to 3,502.88 points.
12:33
The Nikkei 225 Index dropped 1%.
12:02
The Seoul Composite Index in South Korea retraced an earlier gain of 1.9%, turning down 0.2%
