PRECIOUS METALS | LME Aluminum Drops Over 8%, Spot Gold Falls Below $4,600

LME aluminum experienced a significant decline, dropping over 8%, marking its largest decrease since 2018. According to Jin10, spot gold also faced a downturn, briefly falling below the $4,600 mark. This represents a daily decrease of approximately 4.5%, reaching its lowest point since February 2. The market movements reflect heightened volatility in the commodities sector.