Precious metals took the session’s cleanest hit, selling off as a group even as US equities closed higher. Platinum led the slide, down 1.93% to 1,696.02, with palladium off 1.43% to 1,172.00, silver 1.28% lower at 60.35 and gold easing 1.02% to 4,139.45.

Metals

The drop extended an already soft stretch. Palladium is down 15.59% on the month and 6.71% on the week, while platinum has shed 7.05% over the month and 4.08% over the week. Silver’s 8.83% monthly decline still leaves it 25.78% higher on the year, and gold, despite a 6.59% monthly pullback, holds a 6.50% year-to-date gain. The weakness was uniform — no corner of the complex was spared.

Equities

Wall Street went the other way. The S&P 500 added 0.58% to 7,722.25, the Nasdaq 100 rose 0.73% to 30,796.94 and the Dow climbed 0.42% to 51,188.61. The Nasdaq is now 4.42% higher on the month and 24.33% higher on the year. Europe was firmer still: the Euro Stoxx 50 gained 1.25%, the CAC 40 1.19%, the DAX 40 1.11% and the IBEX 35 0.57%. The Nikkei 225 closed up 1.56% at 69,552.12, now 51.14% higher over the year.

The clear outlier was the Hang Seng, the day’s biggest decliner at -2.27% to 23,879.76 and down 6.99% on the month.

Crypto

The gainers board was a crypto affair. Polkadot rose 2.95% to 1.185, extending its monthly gain to 32.11%; BNB added 2.27% to 784.50 and Bitcoin Cash gained 1.64% to 316.49. Bitcoin itself was near flat, up 0.23% at 84,688.65 but 6.31% higher on the month, with Ethereum 0.65% firmer at 2,684.91 and Solana up 0.81% to 119.50. The laggard was GRT, down 1.76% on the day and 21.85% over the week.

Energy and FX

US crude fell 1.75% to 90.37, while Brent edged up 0.41% to 101.80; both sit sharply higher on the year, up 49.28% and 58.31% respectively. In currencies, the Mexican peso was the standout mover, with USDMXN down 0.89% to 18.145. Sterling firmed, GBPUSD up 0.30% to 1.32353, and the Australian dollar added 0.38% against the greenback to 0.69536, while EURUSD closed unchanged at 1.12477.

Precious metals remain the session’s weak spot, the one asset class pulling against an otherwise green equity tape.