Strength in Precious Metals ContinuesCopper FuturesCOMEX:HG1!CME_GroupThere was a good mix in price action across many asset classes on the day today where the precious metals traded higher led by the Silver market, which traded up near 1.3% on the day. There was a mixed set of data being released today with manufacturing data and PMI, and the S&P and Nasdaq finished the day lower. Over the past few weeks, there has been significant volatility in the precious metals looking at Gold, Silver, and Copper, and the last few trading days Gold and Silver have strung together a few positive days in a row. Both Gold and Silver have been trading at or near all time high prices and have been able to hold at these levels even with slight selling pressure. Copper on the other hand has continued to struggle after the 50% tariff on all imports was announced last week, and the market has dropped from “overbought” to “oversold” levels on a daily basis in a matter of a few days. There will be a good amount of earnings coming out for the remainder of the week that could add additional volatility to the equity indices along with the precious metals to wrap up the week. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/ *CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc. **All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.