The dollar largely rose against main rivals, precious metals retreated from record highs and oil prices firmed in quiet post-Christmas trading with some focus on Ukraine talks. The prospect of cuts has helped push world stock markets to multiple record highs this year, offsetting worries about stretched valuations in the tech sector. The precious metals had both hit record highs on expectations of more rate cuts, which made them more desirable to investors. Silver shed almost 10 percent on Friday's close, sliding down to $71.86 an ounce having earlier touched a record above $84. An end to the war could see sanctions on Russian oil removed, adding to an oversupplied market.

Source: Bangladesh Sangbad Sangstha December 30, 2025 02:44 UTC