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The panic of "Black Monday" continued to spread, and even the safe-haven assets of gold and silver collapsed.

As of press time, international spot gold fell by more than $56 in the short term, to $2,385.85 per ounce. Spot silver fell by more than 6%, now at $26.815 per ounce.

Non-ferrous metals also fell across the board, with COMEX copper falling more than 3%. London non-ferrous metal futures continued to fall, with tin falling nearly 3%, zinc falling more than 2%, and aluminum, nickel and lead falling more than 1%.

According to the latest global inventory data from the London Metal Exchange, copper inventories reached 251,350 tons, a record high in more than 2 years and 11 months, an increase of 4,850 tons.

According to recent inventory change statistics, LME copper inventory increased the most in the past five trading days, up 4.99%; LME copper inventory increased by 31.58% in the past 20 trading days. LME nickel inventory increased by 4.77% in the past five trading days, and increased by 12.5% ​​in the past 20 trading days.

The growth of copper and nickel inventories indirectly verifies the sluggish global manufacturing industry.

In terms of the stock market, European stock markets opened with a collective decline due to the sharp drop in the Asia-Pacific market.

Before the U.S. stock market opened, futures fell sharply. The Nasdaq 100 small-cap index futures fell by more than 6% at one point, but as of press time, the decline narrowed to 4.61%.

In terms of individual stocks, large U.S. technology stocks were the first to be sold off and plunged before the market opened, with Nvidia falling more than 9%, Google A falling nearly 4%, Microsoft falling 4.5%, Amazon falling nearly 4%, and Tesla falling more than 5%. Apple fell more than 7%, and Bank of America fell nearly 6%.

On the afternoon of August 5, several brokerage firms issued statements saying that due to abnormalities in the upstream system of the U.S. stock night trading session, trading has been suspended during today's night trading session.

An insider said that due to the recent large trading volume, the upstream system of the night market was abnormal. The key lies in whether the systems of various brokerages can withstand the pressure after the US stock market opens tonight.

Futu Holdings said in a statement: "Dear customers, due to an abnormality in the upstream system of the U.S. stock night trading, trading has been suspended during today's night trading session. The scope of this impact includes most brokerages that provide night trading services. We are contacting the upstream to communicate. We apologize for the inconvenience caused to you."

Tiger Brokers also sent a message to investors saying: "Due to abnormalities in the U.S. stock night trading exchange system, trading has been suspended during today's night trading session. It is understood that all brokerages that support night trading are affected. We are contacting the exchange for communication. We are deeply sorry for the inconvenience caused to you."

According to Watcher.Guru, Robinhood has suspended trading for 24 hours.

Editor: Chen Lixiang

Proofreader: Yang Lilin