Silver holds ground above $70 following rare one‑day slide of nearly 9%

Markets

2025-12-30 17:34

Silver bounced back above $70 after getting smacked down nearly 9% in a single session, its worst fall since 2018, but traders still see it ending the month strong thanks to tight global supply.
Gold is back in the green too, after a nasty drop on Monday, with rate-cut optimism and central-bank buying keeping the momentum alive for both metals heading into the new year.
China’s stock market is suddenly roaring, with the MSCI China Index up 28% this year, on pace to beat the S&P 500, driven by a tech-fueled frenzy that’s now pulling in miners, pharma, and gaming names.
Bitcoin bulls are piling in, with the funding rate at its highest since October, showing traders are betting hard on a breakout in crypto going into 2026 despite volatile macro signals.

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