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Asian shares are mixed, while gold and silver hit record highs
Gold has surged 71% and silver 158% in 2025, driven by central bank purchases and expectations of US Federal Reserve rate cuts next year.
- On Friday, Asian trading was mixed as investors sought to close out the year while gold and silver surged to record highs, with spot silver up more than four per cent and gold last fetching $4,503.39 per ounce.
- Expectations about US Federal Reserve moves and safe-haven flows explain the rally, as heavy central-bank purchases and strong inflows into gold-backed ETFs support buying amid monetary and geopolitical uncertainty.
- Regional index moves included Japan's Topix climbed to a record high and Tokyo's Nikkei 225 advanced 0.8% to 50,822.25, while China's blue-chip index rose 0.27% and South Korea's benchmark increased 0.6%.
- The yen's moves raised intervention concerns as the Japanese yen neared a one per cent weekly rise after Tokyo authorities' verbal warnings, while the US dollar and dollar index slipped, lifting the euro to $1.1787.
- Looking toward 2026, traders are pricing in at least two US Federal Reserve cuts, and MUFG's Soojin Kim said that `With major banks forecasting further gains into 2026, the strength of physical demand and persistent geopolitical and monetary uncertainties suggest the precious metals rally could continue.
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44 Articles
44 Articles
Since January, gold has jumped by almost 70% and silver by more than 150%, the annual performance unreleased since 1979.
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Asian shares are mixed, while gold and silver hit record highs
Shares are mixed in Asia, with Tokyo's Nikkei 225 trading near record high levels after Japan's Cabinet approved a record defense budget plan exceeding $58 billion for the coming fiscal year.
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In the year's accumulation, gold is about 70% and silver is more than 150%, leading to its best annual performance since 1979.
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Total News Sources44
Leaning Left6Leaning Right4Center21Last UpdatedBias Distribution68% Center
Bias Distribution
- 68% of the sources are Center
68% Center
L 19%
C 68%
13%
Factuality
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