Gold surged to a new all-time high above $4,400 as investors intensified bets on U.S. interest rate cuts, driving strong demand for precious metals. Silver also climbed to fresh peaks, reinforcing bullish momentum across commodities.
Oracle stock surged after the company agreed to join an investor consortium set to operate TikTok’s U.S. business, boosting optimism around cloud revenue growth and strategic relevance in geopolitics-driven tech deals.
Volkswagen will close its Dresden factory, marking the first shutdown of a German plant in the automaker’s 88-year history, as energy costs, trade pressures, and falling competitiveness hit the industry.
Oracle shares tumbled more than 11% after quarterly revenue fell short of expectations, triggering a broader pullback in AI-linked stocks including Nvidia and AMD. The weak top-line results weighed on futures and reignited concerns over the durability of enterprise AI spending.
Goldman Sachs says China’s yuan is roughly 25% undervalued on a trade-weighted basis and is likely to appreciate more than current 2026 forward pricing suggests.
SpaceX’s decision to move toward a long-anticipated IPO has reignited expectations for a global listings rebound, potentially unlocking as much as $2.9 trillion in delayed public offerings.
Spot silver reached $60 per ounce for the first time ever, propelled by tight supplies and growing demand. The surge is drawing fresh scrutiny as supply shortages, rising industrial demand, and speculative flows reshape silver’s traditional role.
The Bank for International Settlements says gold’s 60% surge alongside record-setting equities marks an unusual pattern that may signal speculative excess across major markets.
Microsoft pushed back against a report claiming it reduced growth targets for its AI products, even as multiple sales teams reportedly missed aggressive goals for Azure’s Foundry platform.
Gold prices retreated from a six-week high as rising U.S. Treasury yields and investor profit-taking weighed on the metal, while silver pulled back from its record peak.
Silver has outperformed gold in 2025, soaring 71% amid tightening supply, emptying vaults, and accelerating industrial demand from EVs, AI hardware, and solar technologies. Analysts say prices may continue rising.
Deutsche Bank increased its 2026 gold price forecast to $4,450 per ounce, citing stronger investor flows and persistent central-bank buying that continue to tighten supply.
Gold climbed over 1% to its highest level in nearly two weeks after soft U.S. economic data strengthened expectations of a Federal Reserve rate cut next month, lifting demand for non-yielding bullion.
China’s net gold imports via Hong Kong fell sharply in October, sliding about 64% from September as softer domestic demand and high global prices curbed buying activity.
Gold prices declined after a stronger-than-expected U.S. labor report and a firmer dollar, which reduced expectations of an imminent interest-rate cut by the Federal Reserve.