Asian stocks experienced gains, mirroring the rise in equity-index futures, fueled by record-high US stock performance and positive developments in trade negotiations. Japan’s Nikkei 225 index saw a significant jump following extended trade talks. Meanwhile, crude oil prices declined as traders adjusted risk premiums ahead of the OPEC+ meeting, and US Treasuries experienced a slight dip.
Silver hits $60 per ounce for first time, gold rises ahead of Fed rate decision
Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per