Global metals markets are showing a cautious tone on 4 November 2026 as copper sits at 6.405 USD per pound. The price has trimmed gains from the previous day of 6.415 and remains below the 7 days ago high of 6.676 and the 30 days ago high of 6.642, signaling some softness in the near term. Palladium is at 936.5 USD per ounce, down from the previous day of 930 and well below the 7 days ago peak of 1014.5 and the 30 days ago peak of 1176. Platinum is 1419.5 USD per ounce, ticked lower than the previous day 1419.8 and far below 7 days ago 1544.4 and 30 days ago 1726.3. Silver is at 49.805 USD per ounce, just above the previous day 49.8 and down from 7 days ago 53.875 and 30 days ago 61.375.
These moves reflect a broader risk off tone as the US dollar strengthens and bond yields rise, factors that often press on metals. The copper level around 6.405 USD per pound suggests buyers remain cautious, with momentum cooling as macro data and currency moves are weighed.
Domestic perspective indicates the dataset provides no domestic price per tael, so there is no tael based domestic price to report today. The global data, however, shows copper at 6.405 USD per pound, palladium at 936.5 USD per ounce, platinum at 1419.5 USD per ounce, and silver at 49.805 USD per ounce, with all metals trading lower than their 7 day and 30 day highs.
Market news and 24 hour trends highlight a mixed short term outlook. Headlines note a movement in domestic gold prices with SJC gold down by 600k dong per tael, while world gold prices ease as the USD strengthens and bond yields rise. Additional headlines reference regional trade growth and daily USD rate updates, underscoring a backdrop of currency-driven moves influencing metal markets.
