Binance Futures officially expands its commodity map today, launching two heavyweight precious metal perpetual contracts: XPTUSDT (platinum), XPDUSDT (palladium)
👉 How to find: Go to Binance Futures > Search for contracts > Click on the [TradFi] tab to seamlessly trade global commodity assets.
🧐 Everyone is talking about a “commodity bull market,” where has the car reached now?
With the launch of platinum and palladium, many traders are beginning to pay attention to the macro logic of commodities. A classic rotational mantra circulating in the market goes: “Gold moves first, silver follows, copper confirms, oil leads to volatility, agriculture wraps up.” Is this logic really reliable? We can break it down like this:
1. Gold: The Rallying Call of the Bull Market
The earliest signs of each economic cycle are usually monetary easing. Gold is most sensitive to interest rates and often acts as the 'leader' to start first. Historical data shows that gold often leads a comprehensive bull market in commodities by six months to a year.
2. Silver & Platinum: Highly Elastic Outburst
Silver is often regarded as the 'shadow' of gold. When market inflation expectations are high or risks arise, silver, with a lower unit price and higher volatility than gold, often follows up with gains, even generating higher Alpha.
Note: The platinum (Platinum) and palladium (Palladium) launched this time have both precious metal and industrial properties, and are usually focused on during this stage or the subsequent industrial recovery period.
3. Copper and Industrial Metals: Confirmation of Economic Recovery
When the economy really begins to warm up, copper, known as 'Dr. Copper,' starts to exert its influence. The turning point for industrial metal prices usually coincides with the formal starting point of the commodity bull market.
4. Energy and Agricultural Products: The Final Carnival
Energy (oil/gas) supply adjustments are slow and often rise later than industrial metals; while agricultural products are at the end of the industrial chain and have the most delayed transmission, usually playing the role of 'cleaning up.'
However, everyone should not be rigid in their approach; the commodity bull market does not necessarily adhere strictly to this order. The current market shows characteristics of 'strong non-ferrous and precious metals, relatively weak black and chemical sectors.' Whether the energy and chemical sectors can take over and rise further needs significant improvement in fundamentals and sustained capital inflows to confirm.
In addition, short-term attention should be paid to the technical correction after overheating emotions.
