Precious metals collectively plummet! Key commodity index rebalancing begins tomorrow
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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
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