New York: The price of Silver hit a multilevel high on Thursday, as investors continued to flock to safe shelters amid geopolitical and economic uncertainty, while gold relaxed a record.
Stock markets, meanwhile, are mixed as traders weighed a multitude of issues: mass investments AI, corporate results, US interest rates, US government interruption, political turmoil in France and Gaza cease agreement.
The price of Silver reached $ 50 a ounce, the achievement levels not observed since 1980, according to Parachute. Surge comes after the Sister Safe-Haven Gold, which has fallen after a record of over $ 4,000 on Wednesday.
“I think this is a result,” said John Plasard, head of the investment strategy at Cite Gestion Private Bank AFP.
He reported concerns about the US economy, the prospects for more interest rate cuts by the Federal Reserve this year and is worried about France’s debt.
“What is also happening – and this gave Silver an extra push – is that we started to hear about the lack of silver,” Plassard said, noting that the metal is used as an investment asset as well as for industries such as solar panels.
Gold and silver are regarded as safe investment in periods of uncertainty.
The dollar that is maintained against the main opponents as it recovers after a deep retreat for much of 2025.
Greenback’s recovery “is promoted by a double engine: worsening conditions abroad and upgraded expectations at home,” said a Convera note that showed political volatility in France and “Dovish Pivots” in Japan.
On the shares front, US main indicators retreated from the records of the previous meeting amid the lack of financial data due to the government’s interruption.
US reserves were durable despite the Republicans and Democrats who did not appear closer to reaching an agreement to reopen the government for a week at the closure.
“Even the most parachute markets take a break sometimes,” said Steve Sosnick of the Interactive Brokers.
Investors turn their attention to the company’s results.
Shares in soft drinks and Pepsico giants increased by 4.2% after reporting a third -quarter sales increase in expectations.
Delta’s shares also risen more than 4%, as the airline published strong profits and offered a prospect for travel demand.
But Boeing declined by 4.1% after a Reuters reports that Turkish airlines could go to Airbus for a recent series of flat -rate concerns about financial terms with the CFM International engine.
The Paris Stock Market sank as French President Emmanuel Macron to find a new prime minister after Sebastien Lecornu’s resignation, he said the country deeper into the political crisis.
Frankfurt’s DAX set a new record high.
Ferrari has had its worst decline since it entered the Milan Stock Market in 2016, reducing almost 15% to one point as information on the financial guidance of the 2030 frustrated investors.
In Asia, the Tokyo Stock Market closed 1.8%after businesses that are Sanae Takaichi -friendly business, became the leader of the ruling Japan party.
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