Trump-Zelenskyy Talks Boost Peace Hopes; Gold, Silver Soar Amid Global Market Mix

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CNBC Awaaz•29-12-2025, 07:37
Trump-Zelenskyy Talks Boost Peace Hopes; Gold, Silver Soar Amid Global Market Mix
- •US President Donald Trump and Ukrainian President Volodymyr Zelenskyy's meeting signals "significant progress" towards a Russia-Ukraine peace deal, with 90% agreement on framework.
- •Global commodity markets see historic surge: silver jumps 11% to nearly $80/ounce, gold futures hit new record above $4,550, both heading for best annual returns since 1979.
- •Rally driven by silver supply shortages, geopolitical tensions, Fed rate cut expectations, weaker dollar, ETF investment, and central bank gold purchases.
- •Asian markets show mixed trends: Japan's Nikkei 225 down, South Korea's Kospi up, Hong Kong's Hang Seng up, while mainland China and Australia are sluggish.
- •Russian President Vladimir Putin warned Ukraine, followed by a major drone and missile attack on Kyiv and energy infrastructure.
Why It Matters: Peace hopes rise from Trump-Zelenskyy talks, while gold and silver hit record highs globally.
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