Platinum fluctuated downward intraday, while palladium fluctuated upward intraday [SMM Platinum and Palladium Futures Daily Report].

On January 7, the most-traded platinum contract PT2606 moved downwards after a higher opening, with its highest intraday gain reaching 5.92%. It pulled back rapidly in the afternoon session, turning from an increase to a decline, and eventually closed at 598.5 yuan per gram, down 2.47%. The most-traded palladium contract PD2606 fluctuated upward during the day, closing at 475.95 yuan per gram, up 1.71%. In terms of futures trading: on January 7, the trading volume of PT2606 was 78,981 lots, while that of PD2606 was 43,383 lots. The open interest of PT2606 was 32,262 lots, a decrease of 926 lots compared to the previous trading day; the open interest of PD2606 was 12,628 lots, a decrease of 1,170 lots compared to the previous trading day.