Financial Markets Update 1 December 2025
Gold and Silver shine
News Overnight
Markets were quiet Friday as it was a half day for Thanksgiving on Friday. No matter, Gold and Silver surged into the close for new all time high in Silver, despite the CME melting down.
Powell speaks today at a fireside Chat at Spelman College, Atlanta, Georgia.
Breaking
Nato considers being ‘more aggressive’ against Russia’s hybrid warfare [FT]
Europe needs a plan for decoupling from America [FT]
OPEC+ expected to hold oil output policy steady for Q1, sources say [Reuters]
Italy presses ahead with claim on central bank’s $300 billion gold pile [Reuters]
China’s central bank vows crackdown on virtual currency, flags stablecoin concerns [investing.com]
China Factory Activity Slumps for Longest Stretch on Record [Bloomberg]
Japan finance minister says yen’s rapid fall clearly not driven by fundamentals [Reuters]
For Free Subscribers
Gold Update 1 December 2025
A classic God candle by Gold and Silver on Friday, despite the CME being down for some time. Target on the weekly is 4,250, the highest ever weekly close.
Silver Update 1 December 2025
Silver blasted higher on Friday and is currently north of 57.00 as we speak. Resistance is 60/62.00.
Australia Update 1 December 2025
For Paid Subscribers
Bitcoin Update 1 December 2025
On the monthly chart Bitcoin briefly broke support, hitting 80.8k before closing the month at 91.1k. The wick pushing off support looks bullish but already we’re 10k higher than the low.
Oil Update 1 December 2025
We took profit on our Spot Brent position today as OPEC decided not to hike supply any further. We didn’t see the downside we were looking for but still made money. Was certainly a wild ride.
Economic Indicators This Week
