Commodity Chaos: Platinum, Silver, Gold Crash as Gas Prices Skyrocket 35%

• Platinum, silver, and gold experienced significant drops, with silver falling over 6% and platinum over 3%.
• Gold also saw a decline of over 1%, bringing its price down to $4,768.19 per ounce.
• European gas prices surged by 35% following news of damage to Qatar's LNG plant, escalating energy market tensions.
• Investors are shifting focus from precious metals to the energy sector due to rising crude oil and gas prices.
• Uncertainty over global interest rates and inflation is also pressuring metals, making them less attractive without fixed returns.