Platinum prices surged following launch of new futures contract in China, with spot prices rising 3.8% to $1,650/oz, highest level in over a month, up 75% year-to-date due to third consecutive annual supply deficit from South Africa

Silver made massive move yesterday, up 70% year-to-date, with Chinese stockpiles at lowest level in a decade as exports surged to record 660 tons in October

Gold advancing due to weaker dollar and growing chance of Fed rate cuts, with structural support from central bank purchases and ETF demand

10-year Treasury yields dropped from 4.14% to 4%, with 85% likelihood of 25 basis point Fed rate cut in December

Dollar anchoring around 100 level and dropping below it, volatility index dropping below 20 to 18.75

ETFs buying gold, silver, platinum, and palladium with silver ETFs adding 1.85 million troy ounces, third consecutive day of growth