This morning, the April PPI (Producer Price Index) was published. It showed that inflation in that part of the economy soared higher than expected.

https://www.msn.com/en-us/money/markets/wholesale-inflation-surges-again-ppi-shows-inflation-still-sticky/ar-BB1mmOr4

We will have the Consumer Price Index (CPI) for April tomorrow. It often, though not always, tracks the PPI. The CPI is more closely followed so if both align, we should continue to be on track for higher metals prices generally.

As of now, precious metals and copper prices are higher.