--- title: "Precious metals collectively plummet! Key commodity index rebalancing begins tomorrow" type: "News" locale: "en" url: "https://longbridge.com/en/news/271742794.md" description: "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" datetime: "2026-01-07T06:06:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/271742794.md) - [en](https://longbridge.com/en/news/271742794.md) - [zh-HK](https://longbridge.com/zh-HK/news/271742794.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/271742794.md) | [繁體中文](https://longbridge.com/zh-HK/news/271742794.md) # Precious metals collectively plummet! Key commodity index rebalancing begins tomorrow 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% ### Related Stocks - [FL2CSOPGOLD (07299.HK)](https://longbridge.com/en/quote/07299.HK.md) - [SPDR® Gold Shares (GLD.US)](https://longbridge.com/en/quote/GLD.US.md) ## Related News & Research - [Spot gold falls over 1% to $4,444.56/oz](https://longbridge.com/en/news/280927033.md) - [Spot gold extends losses, falls nearly 3% to $4,617.59/oz](https://longbridge.com/en/news/281471571.md) - [Spot silver extends gains, rises nearly 5% to $73.47/oz](https://longbridge.com/en/news/281104582.md) - [Spot gold gains further, last up nearly 3% at $4,638.71/oz](https://longbridge.com/en/news/281222713.md) - [Spot gold extends gains, last up nearly 2% at $4,760.73/oz](https://longbridge.com/en/news/281360954.md)