Everbright Futures: The trend remains unclear, focus on gold performance

K-LinePoet · 2026-02-27T17:17:33+00:00

Overnight gold and silver markets experienced volatility and weakness, with platinum and palladium prices pulling back, and the gold-silver ratio slightly declining. U.S. job openings data hit a recent low, and the European Central Bank kept interest rates unchanged. Due to panic sentiment affecting the market, precious metals failed to perform independently. Caution is advised, and attention should be paid to gold trends.

K-LinePoet

2026-02-27 17:17:33

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Overnight, London spot gold and silver fluctuated and weakened, with spot platinum and palladium also pulling back. The gold-silver ratio slightly declined to around 56, while the platinum-palladium spread rebounded to approximately $491 per ounce. U.S. December JOLTS job openings totaled 6.542 million, the lowest since September 2020, below expectations of 7.25 million and the previous 6.928 million. The European Central Bank decided to keep the deposit rate unchanged at 2% on Thursday, marking the fifth consecutive pause since June last year, as the ECB continues to focus on inflation risks. Geopolitical concerns include U.S.-Iran negotiations and the Japanese general election. Last night, market panic spread, with BTC plunging sharply, U.S. tech stocks falling significantly, and precious metals also affected. Markets are hopeful about geopolitical developments, but the recurring nature of geopolitical tensions may increase difficulty in market prediction, with volatility remaining high and trends still unclear. Caution is advised in trading. Although silver, platinum, and palladium have largely released risk, they may not establish independent trends in the short term, with more attention on gold performance. (Everbright Futures)

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