First Capital Futures: Market concerns rise, platinum and palladium continue to decline

Concerns in the overseas market continue to rise, with funds constantly flowing out, leading to another sharp decline in gold and silver. Today, platinum and palladium both opened significantly lower, with declines exceeding 10% at one point. After a continuous drop, platinum and palladium have gradually recovered to levels before the sharp rise. Both metals then rebounded, and support levels began to emerge below. The market may gradually shift to a fundamental support for platinum and palladium, as supply and demand remain tight. With current low inventories, structural shortages are likely to occur, coupled with increased national strategic reserves, maintaining an optimistic outlook for platinum and palladium. (First Capital Futures)

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