Quick Take

The global markets closed the week with mixed sentiment, as investors balanced easing inflation data with anticipation of next year’s monetary policy path. Below are live market charts and our updated commentary on key assets.

Bitcoin (BTC/USD)

Over the past week Bitcoin has traded with moderate volatility but overall resilience, holding above the $88K–$89K range after a brief pullback over the weekend. BTC’s sideways consolidation reflects mixed risk sentiment, with traders balancing strong fundamentals against profit-taking after recent highs. Futures markets show slight weakness, yet Bitcoin remains above key support levels, indicating underlying buyer interest. The broader crypto market is absorbing macroeconomic cues ahead of key U.S. jobs and inflation data, which could drive renewed directional momentum. Overall sentiment for BTC remains cautiously optimistic as it continues to be driven by institutional flows and macro catalysts.

Gold & Silver

Gold has pushed toward multi-week and potential record highs, supported by a softer U.S. dollar and declining Treasury yields as markets position ahead of major U.S. economic releases. The precious metal’s safe-haven appeal has strengthened amid expectations of further Fed rate cuts, drawing in risk-off capital. Silver, in particular, has surged above $60 per ounce for the first time, propelled by both investment demand and industrial uptake tied to AI and electronics sectors. This has led silver to outperform gold in recent sessions, with bullish sentiment underpinned by supply constraints and sustained demand. Precious metals sentiment is firmly bullish as rates and macro risks dominate.

S&P 500 (U.S. Large-Cap Index)

The S&P 500 resumed gains last week after bouncing off a brief sell-off in big-cap tech stocks, climbing toward fresh record territory as investors digested easing monetary policy expectations. The index has been buoyed by optimism around corporate earnings and lower interest rates, with futures pricing in further rate relief next year. Despite mixed signals from economic data, stocks have broadly shrugged off recent risk-off pressures, with breadth improving as cyclicals participate in the advance. Overall market sentiment remains constructive, with the S&P 500’s trajectory reflecting confidence that a “Santa Claus rally” may materialize into year-end.

Dow Jones Industrial Average (DJIA)

The Dow extended its bullish trend this week, climbing toward new highs on the back of strong blue-chip performance and upbeat investor positioning ahead of key economic releases. A recent Federal Reserve rate cut provided a notable catalyst, lifting the Dow by nearly 500 points in a single session and reinforcing optimism in value and cyclically sensitive sectors. While macro risks remain (including inflation data and labor market dynamics), the Dow’s gains reflect steady confidence in large-cap earnings resilience and supportive monetary conditions. Sentiment around the DJIA continues to skew positive as markets enter the year’s final trading stretch.