‘Downright Panic’: Traders Tested to Limits on Oil’s Wild Monday


Beyond oil, Monday’s swings engulfed other commodities from base and precious metals to food products, as traders attempted to price in the dislocations that were already apparent, and the trouble that may yet be in store. Among them, aluminum spiked to the highest level since 2022, silver tanked almost 6%, and gold was dragged lower by a rising US dollar.



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