Robust investment demand for silver, its inclusion on the U.S. critical minerals list, and a wave of momentum buying have propelled the white metal to a fresh record high, setting prices up to close out 2025 at more than double the level at which they began.
Gold rose after a U.S. jobs report showed the unemployment rate rose last month from September, reinforcing bets of rate cuts by the U.S. Federal Reserve and sending the dollar index lower. U.S. gold futures settled 0.1% lower.
Wall Street’s main indexes slipped, impacted by declines in healthcare and energy stocks, but the Nasdaq pared some losses in the afternoon. Investors evaluated delayed economic data to gauge the Federal Reserve’s monetary policy outlook for next year.
Onchain data shows institutions and high-net-worth individuals are still accumulating BTC. Bitcoin sharks accumulated aggressively at 2012-level speeds in the past week, signaling a dip-buying trend. Heavy selling by long-term whales continued to cap upside, keeping near-term downside risks elevated.
The U.S. Bureau of Labor Statistics releases its long-awaited combined employment reports for October and November, but a number of key details will be missing after the government shutdown prevented data collection, including October’s unemployment rate, resulting in the first-ever gap in that critical data series.
Nvidia said it acquired AI software firm SchedMD, as the chip designer doubles down on open-source technology and steps up investments in the artificial intelligence ecosystem to fend off rising competition.
