Precious metal prices dropped in Asian markets with spot silver falling over 3% to $27.79 per ounce and the main silver contract in Shanghai decreasing by 2% to 7257.00 yuan per kilogram. Spot gold also declined over 1%. Shanghai silver fell 2.9% and gold dropped 1.8% on Tuesday morning. Tin, copper, zinc, and aluminum prices also saw declines, while nickel, iron ore, and steel rebar prices had mixed movements. China's most-traded silver futures contract in Shanghai slid 3% and gold slid 2%. SHFE reported gold down by 3% and silver down by 4.25%. China's most-traded tin futures contract in Shanghai slumped over 8.6% to hit 252,290 yuan per tonne.
#China 's most-traded #tin futures contract in #Shanghai, is slumping over 8.6% to hit 252,290 yuan/ tonne. https://t.co/haGgRmRP6L https://t.co/hGlAft7UBZ
SHFE GOLD -3% SILVER -4.25%
#China's most-traded #silver futures contract in Shanghai slides 3% and #gold slides 2%. Overnight, gold prices dropped over 2% to hit one-week low as worries over wider Middle East conflict subsided. https://t.co/haGgRmRP6L https://t.co/KAudJFHGmo
⚡Shanghai #Silver falls 2.9% and #gold drops 1.8% on Tuesday morning, #Tin is down 2.3% after Monday's surge. #Copper -0.6%, #zinc -0.46%, #aluminum -0.12%. #Nickel +0.14%. #IronOre +0.12%, #steel rebars -0.05%. INE crude oil rises 0.17%. #OOTT #China https://t.co/DZBLPofKav
💡On Monday, April 22nd, precious metal prices generally fell in Asian markets. Spot silver dropped over 3% to $27.79 per ounce, and the main silver contract in Shanghai decreased by 2% to 7257.00 yuan per kilogram. Spot gold also declined over 1%, falling below the $2370…