TechFlow news, January 7th, precious metals collectively declined: spot gold fell below $4,450 per ounce, silver dropped over 3%, while platinum and palladium experienced significant declines. The market is focused on the Bloomberg Commodity Index (BCOM) January annual rebalancing: silver's weight may decrease from about 9% to around 4%, and gold will also face passive reduction in holdings. The rollover window from January 8th to 14th may trigger concentrated selling pressure. BiyaPay analysts believe this is more of a "technical sell-off" rather than a fundamental reversal, with short-term volatility potentially amplifying; medium to long-term outlook remains driven by expectations of interest rate cuts and safe-haven demand. BiyaPay allows tracking of precious metal market trends and enables multi-asset allocation.
