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In the last 24 hours, precious metals showed a mixed picture as global prices adjusted after US inflation data. For gold, the market turned upward, supported by the latest inflation-related signals.
Global gold rose to 6,117.5 USD/lb, up from 6,123.5 USD/lb in the previous day, but still below the levels seen 7 and 30 days ago (6,337 and 6,333 USD/lb respectively). This indicates a recovery attempt after a recent decline.
Palladium traded at 1,191 USD/oz, unchanged versus the previous day at 1,191 USD/oz, but down versus 7 days ago (1,264.5 USD/oz) and sharply lower than 30 days ago (1,415 USD/oz).
Platinum was quoted at 1,609.3 USD/oz, slightly below the previous day’s 1,611.1 USD/oz. It also remains well under earlier readings at 7 days ago (1,668.2 USD/oz) and 30 days ago (1,931.4 USD/oz).
Silver (global) stood at 57.795 USD/oz, down from 58.04 USD/oz in the previous day, and significantly below 7 days ago (64.91 USD/oz) and 30 days ago (74.875 USD/oz), reflecting continued weakness.
News flow over the day highlighted that gold prices increased by nearly 1% following US inflation data, while domestic reporting also pointed to SJC gold trading around 146.2 million VND/tael. At the same time, silver was described as continuing to fall, and commentary noted that the gold rebound does not necessarily mean the downward trend has fully ended.
Global metals price snapshot (USD)
Gold: 6,117.5 USD/lb (Previous day: 6,123.5; 7 days ago: 6,337; 30 days ago: 6,333)
Palladium: 1,191 USD/oz (Previous day: 1,191; 7 days ago: 1,264.5; 30 days ago: 1,415)
Platinum: 1,609.3 USD/oz (Previous day: 1,611.1; 7 days ago: 1,668.2; 30 days ago: 1,931.4)
Silver: 57.795 USD/oz (Previous day: 58.04; 7 days ago: 64.91; 30 days ago: 74.875)

The crypto bear market remained in force on Wednesday, with bitcoin slipping back toward the $60,000 area. Sharp pullbacks in gold and oil also weighed on the 2025 “debasement trade,” which had supported hard assets amid concerns about government debt and fiat currencies. Meanwhile, tech—particularly the AI boom—continued…