Strategists Say Metal Markets Are Experiencing Severe Volatility

Saxo Markets UK investment strategist Neil Wilson stated that gold and silver prices suffered heavy losses after reaching record highs due to excessive inflation, and copper prices also fell sharply. The extreme volatility in the metals and foreign exchange markets has caused severe turmoil and may impact stock market sentiment. The S&P 500 index once fell below 6,900 points, and Microsoft shares plunged 11%. Neil Wilson believes that the current situation in the metals market is quite chaotic.