Global metals markets are showing a mixed landscape as of 23 October 2026. Copper is trading at 6.396 USD per pound, down slightly from the previous day’s 6.401. The 7 day price is 6.562 USD per pound and the 30 day price is 6.7805 USD per pound. Palladium sits at 1051 USD per ounce, down from 1053 yesterday, with 7 day at 1115 and 30 day at 1269.5. Platinum is 1565.3 USD per ounce, slightly below yesterday at 1567.4, with 7 day at 1639.7 and 30 day at 1751.3. Silver is 54.475 USD per ounce, down from 54.58 yesterday, with 7 day at 57.135 and 30 day at 64.79.
Domestic prices are not provided in the data, so the analysis focuses on the international metals market and the relative movement across the main metals tracked here.
Within the international metals complex, copper remains the most accessible base metal in terms of unit and liquidity; its current level sits below the one day prior but above the 7 and 30 day points, indicating a shorter term softening against the immediate move while retaining a higher longer term range.
Palladium and platinum have moved lower versus yesterday and against longer windows. Palladium is 1051 USD/oz, down from 1053 yesterday, with 7 day 1115 and 30 day 1269.5. Platinum is 1565.3 USD/oz, down from 1567.4 yesterday, with 7 day 1639.7 and 30 day 1751.3.
Silver is 54.475 USD/oz, down from 54.58 yesterday, with 7 day 57.135 and 30 day 64.79.
News context: In the last 24 hours, headlines indicate world gold prices fell by more than 100 USD and domestic reports describe mixed movements in gold related markets, reflecting a softer sentiment for precious metals while copper and other base metals show divergent patterns across shorter and longer horizons.
