ChartModo logo ChartModo logo
Cryptopolitan 2025-12-30 06:49:40

Silver holds ground above $70 following rare one‑day slide of nearly 9%

Silver bounced back above $70 after getting smacked down nearly 9% in a single session, its worst fall since 2018, but traders still see it ending the month strong thanks to tight global supply. Gold is back in the green too, after a nasty drop on Monday, with rate-cut optimism and central-bank buying keeping the momentum alive for both metals heading into the new year. China’s stock market is suddenly roaring, with the MSCI China Index up 28% this year, on pace to beat the S&P 500, driven by a tech-fueled frenzy that’s now pulling in miners, pharma, and gaming names. Bitcoin bulls are piling in, with the funding rate at its highest since October, showing traders are betting hard on a breakout in crypto going into 2026 despite volatile macro signals.

Read the Disclaimer : All content available on ChartModo.com, including linked websites, applications, tools, charts, forums, blogs, social media channels, and related platforms (collectively, the “Site”), is provided solely for general informational and educational purposes. Users are expected to conduct their own research, analysis, verification, and due diligence before making financial or investment decisions. Trading and investing involve substantial risk and may result in significant losses. You should consult qualified financial or legal professionals before acting on any information obtained from ChartModo. No content on the Site is intended to constitute a solicitation, recommendation, or offer to buy or sell any security, cryptocurrency, or financial instrument.