Platinum and Palladium Plunge 6.48% and 5.67% on Friday

XPT-1.45%
XPD-0.37%
XAG-1.60%
According to Guosin Futures, platinum and palladium futures fell sharply on Friday (May 15), with platinum contracts down 6.48% to 499.05 yuan/gram and palladium contracts down 5.67% to 345 yuan/gram. Silver's steep decline dragged down the broader precious metals sector, while platinum and palladium, which have thinner liquidity and higher volatility, experienced steeper losses.
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