S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketSilver traded just below $53 per ounce on Thursday, hovering near record highs amid growing expectations that the US Federal Reserve will cut interest rates further. Markets now price in roughly an 85% chance of a 25 basis point cut in December, up sharply from about 30% a week ago, with three additional cuts anticipated by the end of 2026. Expectations were bolstered by reports that White House National Economic Council Director Kevin Hassett is the leading contender for the next Fed chair, a choice investors see as aligned with President Donald Trump’s preference for lower rates. Since October, silver has been testing all-time highs as global economic uncertainties, the prospect of lower interest rates, and tightening physical conditions have boosted demand for the precious metal.
