Shanghai crude futures dip 0.20% in night session; gold and silver rise

The split between a marginal crude decline and sharper gains in gold and silver suggests the session was driven less by energy-specific news than by broader positioning into precious metals, which often act as a hedge against macro uncertainty. For commodities desks, the notable signal is the divergence itself: crude holding near 740 yuan while silver's move outpaced gold's. Whether that metals bid persists into the next session, or reverses as it did not accompany any crude supply headline, is the open question.