Precious metals fall again, stocks mixed as traders wind down

1 month ago
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Precious metals pulled back Tuesday after hitting record highs, with gold retreating to around $4,360 and silver to $74.50 as investors took profits.

Equities fluctuated in quiet trading ahead of the New Year, following a strong 2025 driven by tech gains and central bank monetary easing.

Asian markets saw mixed results, with Seoul and Tokyo slightly lower while Hong Kong, Singapore, and other cities rose, and European markets opened mostly flat.

Oil dipped after recent rallies fueled by optimism for a peace breakthrough in Ukraine, while Bitcoin stabilized below $90,000 following a sharp decline from its October peak, the AFP has reported.

Overall, markets reflected a year-end reset after significant gains in tech, commodities, and cryptocurrencies.

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