Gold and silver prices bounced back after a steep two-day selloff, but their recent behavior is challenging the idea that they are acting as stable stores of value. Instead, both metals are displaying volatility patterns more commonly associated with speculative or momentum-driven assets.

Oracle continues to pour resources into its cloud business, driven by strong demand for AI-related infrastructure and long-term enterprise contracts.

The DXY steadied near 97.4 as a partial US government shutdown delayed key labor data, while markets still priced in two Fed rate cuts despite earlier support from a potential Warsh Fed nomination. US stocks held weak after tech-led losses, the trade deficit widened sharply in November on higher imports and weaker exports, and renewed US–Iran tensions plus bitcoin weakness increased demand for gold, silver, and oil as investors rotated away from growth stocks.