Commodities in a deep correction (more than 20% below all-time high)
As of Aug 28, 2026, 7 listed commodities are in a deep correction (more than 20% below all-time high). Deepest / notable: Natural Gas (UNG) 99.26% below ATH; Palladium (PALL) 56.76% below ATH; Silver (XAGUSD) 52.71% below ATH; Lithium (LIT) 51.15% below ATH; Crude Oil (USO) 43.37% below ATH; Platinum (PPLT) 36.97% below ATH; Gold (XAUUSD) 27.54% below ATH. Cheap relative to itself (distance from all-time high), not a P/E valuation.
All commodities on Correction Territory
- Natural Gas (UNG) — 99.26% below ATH; last all-time high Aug 23, 2022
- Palladium (PALL) — 56.76% below ATH; last all-time high Mar 8, 2022
- Silver (XAGUSD) — 52.71% below ATH; last all-time high Jan 29, 2026
- Lithium (LIT) — 51.15% below ATH; last all-time high Nov 28, 2021
- Crude Oil (USO) — 43.37% below ATH; last all-time high Mar 7, 2022
- Platinum (PPLT) — 36.97% below ATH; last all-time high Jan 26, 2026
- Gold (XAUUSD) — 27.54% below ATH; last all-time high Jan 29, 2026
