US OIL EIA inventories came in: 5.8M vs. 1.6M exp. and 3.88M previously
- Gasoline inventories: -6.3M vs -1M exp. and 1.11M previously
- Distillate inventories: -3.1M vs 1.75M exp. and -1.28M previously
Daily summary: Silver plunges 9% ๐จIndices, crypto and precious metals under pressure
๐จGold slumps 3% amid markets preparing for Chinese Lunar Year pause
Cocoa falls 2.5% to the lowest level since October 2023 ๐
NATGAS muted amid EIA inventories change report