Silver, New York copper, and platinum group precious metals rose sharply and then fell back.

On Wednesday, the New York closing price of spot silver rose by 0.62% to $71.87 per ounce. At 09:53 Beijing time, it had risen to $72.7000, reaching a new historical high, before dropping to $70.1999 at 23:48, forming a short-term V-shaped reversal. COMEX silver futures increased by 1.04% to $71.875 per ounce, also hitting a historical high of $72.750 at 09:52. COMEX copper futures rose by 0.22% to $5.5730 per pound, reaching $5.6645 at 14:37. Spot platinum fell by 1.45% to $2256.73 per ounce, rising to $2381.53 at 08:47, breaking the historical high of $2300 set in 2008, then dropping to $2149.71 at 23:47. Spot palladium dropped by 7.03% to $1726.84 per ounce, reaching $1962.42 at 14:47, approaching the peak of $2046.21 on November 18, 2022, and the peak of $3442.47 that same year, then gradually declining.