Crazy precious metals! Gold and silver are the same, platinum and palladium are soaring, a big risk "is just around the corner" in the short term

Precious metals surged across the board, with gold and silver hitting new highs, while domestic platinum and palladium both reached their daily limit. The significant increase in positions and active trading in the Shanghai Futures Exchange may have fueled this round of market activity. However, the euphoria comes with risks, as JP Morgan warns that high silver prices are eroding photovoltaic demand. At the same time, there is a need for heightened vigilance regarding the technical selling pressure triggered by the Bloomberg Commodity Index rebalancing starting January 8: it is expected that the scale of silver sell-offs will account for 9% of futures positions, while gold will account for 3%. This massive forced selling may disrupt the seasonal benefits typically seen in the new year