Commodities in a deep correction (more than 20% below all-time high)

As of Oct 9, 2026, 4 listed commodities are in a deep correction (more than 20% below all-time high). Deepest / notable: Palladium (PALL) 65.18% below ATH; Silver (XAGUSD) 50.00% below ATH; Platinum (PPLT) 41.71% below ATH; Gold (XAUUSD) 25.11% below ATH. Cheap relative to itself (distance from all-time high), not a P/E valuation.

All commodities on Correction Territory

1. Palladium (PALL) — 65.18% below ATH; last all-time high Mar 8, 2022
2. Silver (XAGUSD) — 50.00% below ATH; last all-time high Jan 29, 2026
3. Platinum (PPLT) — 41.71% below ATH; last all-time high Jan 26, 2026
4. Gold (XAUUSD) — 25.11% below ATH; last all-time high Jan 28, 2026