Commodity prices rise across the board, and market hedging demand surges!

Today, the global financial markets are showing multiple signs of growth, with both safe-haven assets and energy commodities rising simultaneously, reflecting investors’ concerns about the geopolitical situation.

Silver hits a historic high, gold rises in tandem, supply shortages drive precious metals higher

The precious metals market is experiencing explosive growth. Silver prices broke through the $66/ounce mark, setting a new record, while gold rose to $4,320/ounce. Supply gaps and safe-haven buying have become the dual engines behind the price increase. The Silver Institute predicts that silver shortages will continue to worsen through 2026, and analysts are generally optimistic about silver breaking through $100 next year.

Crude oil rebounds 2.43%, geopolitical tensions push energy prices higher

The crude oil market also shows a strong rebound. The U.S. government has implemented a comprehensive blockade on Venezuelan oil shipments, expected to reduce supply inflows by 400,000 to 500,000 barrels per day. Additionally, the U.S. is preparing to impose a new round of sanctions on Russia, adding dual pressure on the supply side, which has driven WTI crude oil sharply higher. As of press time, it increased by 2.43%, trading at $56.50 per barrel.

US tech stocks hit new highs, Tesla leads the rally

U.S. stock futures opened steadily, with the three major indices futures rising slightly. The Dow futures increased by 0.15%, the S&P 500 futures by 0.22%, and the Nasdaq 100 futures by 0.25%. Among tech stocks, Tesla (TSLA) performed remarkably well, with the stock price at $492.20, reaching a new all-time high, up 0.49%. Chip leader NVIDIA (NVDA) slightly retreated by 0.06%.

UK inflation cools unexpectedly, GBP faces difficulties

UK inflation data brought positive news. The November Consumer Price Index (CPI) annual growth rate was only 3.2%, well below economists’ expectations of 3.5%, marking a relatively moderate inflation level in UK recent history. The market immediately increased bets on the Bank of England cutting interest rates, but the GBP was pressured as a result. The GBP/USD exchange rate fell sharply by 0.72%, quoted at 1.3324, reflecting investors’ concerns about the UK interest rate outlook.

Federal Reserve Waller’s speech, market watches hawkish or dovish signals

Federal Reserve Board member Waller will deliver an economic outlook speech at 8:15 a.m. Eastern Time. Wall Street holds Waller in high regard, and the market will closely monitor whether his remarks reveal hawkish or dovish signals, as any policy hints could trigger market volatility.