Silver, Copper Eclipse Gold as Top Metals Bets on Supply Fears

Copper prices have surged close to an all-time high, driven by increased stockpiling in the US and tightening global supply dynamics. This surge reflects a growing investor confidence in the metal's continued rally amid fears of a supply crunch.

The Federal Reserve's upcoming interest rate decision and ongoing trade discussions with the United States are anticipated to significantly influence India's financial markets this week. Investors are closely monitoring these developments as they could impact currency valuations and stock prices.

Gold prices have risen as expectations for a Federal Reserve rate cut increase, following a U.S. inflation indicator that aligned with market predictions, according to ANZ Research. This development suggests a growing sentiment among investors favoring gold as a safe-haven asset amidst economic uncertainty.

Silver prices fluctuated after a previous rise of over 2%, with exchange-traded funds (ETFs) backed by the metal experiencing their strongest inflows since July. This activity indicates a growing interest in silver as a safe-haven asset amidst economic uncertainty.

Abu Dhabi, the capital of the United Arab Emirates, is leveraging its vast wealth to enhance its influence in global finance, energy, and artificial intelligence, positioning itself as a key player on the international stage. This ambition is underscored by significant investments and strategic initiatives aimed at diversifying its economy and expanding its global reach.

Asian stocks experienced a slight increase on Monday as traders braced for a week filled with significant central bank decisions, particularly from the Federal Reserve, while also evaluating the overall risk asset outlook as the new year approaches.

Altice International has requested that a group of secured creditors provide a copy of their cooperation agreement, which is essential for negotiating potential restructuring of the company's balance sheet, as indicated in a letter reviewed by Bloomberg.

Algeria's stock exchange is expected to host two or three initial public offerings (IPOs) in 2026, as announced by the local regulator. Among the companies planning to go public is Ayrade, an IT firm aiming to secure funding for data centers.