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Markets Today: Gold Breaches $4400/oz, Silver Up 2.75%, Nikkei Rises 1.9% & FTSE 100 Eyes Short-Term Pullback
Global stocks are rising, fueled by year-end optimism, though European markets are set for a cautious open amidst holiday slowdowns and geopolitical worries in Ukraine. The Japanese yen remains weak near record lows, boosting the Nikkei. Commodities shine with silver hitting a new record high and gold breaching $4400/oz. Oil prices are also up due to rising geopolitical risk with Venezuela. The focus remains on central bank policy expectations and economic data.
by Zain Vawda
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