Gold prices rose to new record highs on Monday as rate cut bets and safe-haven demand boosted sentiments in the market. Silver followed suit with prices breaching the $69 per ounce barrier for the first time ever. Meanwhile, oil prices climbed more than 2% on Monday as the US intercepted an oil tanker off the
Global markets traded cautiously on Tuesday, with Asian markets steadying while precious metals hit fresh record highs, even as geopolitical developments involving the United States, Venezuela, and Greenland added new layers of uncertainty. Investors also looked ahead to key US economic data, including an updated reading on third-quarter GDP, in a holiday-shortened but data-heavy week.
The rally in silver prices continued on Tuesday as prices breached the $70-per-ounce mark for the first time ever on robust physical and investment demand. Gold prices also hit a new record high, crossing the $4,500 per ounce mark on Tuesday on a weak dollar and geopolitical uncertainty. Meanwhile, oil prices fell slightly as oversupply
Big market moves are colliding with mixed economic signals as investors head into year-end. US growth is flashing strength, but soft spots are emerging beneath the headline numbers. In Asia, India’s central bank is burning reserves to slow a battered rupee. Corporate shake-ups continue in Europe as Nestlé accelerates its portfolio reset. Meanwhile, gold and
Bitcoin eased in early Asian trading and held around the mid-$87,000 area as market volatility continued to compress. Bitcoin investor and entrepreneur Anthony Pompliano said the absence of a year-end surge may reduce the risk of a major first-quarter selloff. Other analysts see deeper downside potential into 2026, while broader markets are buoyed by a
The post Morning brief: US holds off new China chip tariffs as Gold, Silver hit record highs appeared first on Invezz
Kalshi has launched its own research unit and released its first set of data, which it claims is more accurate than the forecasts typically issued by Wall Street. Kalshi is moving beyond just trading infrastructure with the launch of its own research division that is dedicated to studying prediction markets and turning platform data into
Despite official claims of recovery, Venezuela is heading toward 2026 burdened by deep structural weaknesses and rising uncertainty. Economist Aldo Contreras and political analyst Pablo Quintero told Invezz the country remains trapped in a prolonged downturn that began more than a decade ago. Venezuela’s gross domestic product peaked at over $460 billion in 2012. The
Spot Bitcoin exchange-traded funds (ETFs) began the new week under pressure, posting net outflows of $142.2 million on December 22, underscoring continued caution among institutional investors as the year-end approaches. According to flow data, BlackRock’s iShares Bitcoin Trust (IBIT) was the lone bright spot, recording modest net inflows of $6.0 million. However, those gains were
Bybit will gradually restrict accounts for its Japanese users starting in 2026 in a bid to comply with local regulatory requirements. Bybit has started notifying Japanese users that it will “discontinue services” and “gradually implement account restrictions” in an effort to comply with Japanese regulations, the exchange said in a December 22 announcement. “If you’re