Driven by the surge in gold prices, silver prices have risen rapidly since this year. As of Monday¡¯s closing, London¡¯s currency receives $52.27 per ounce, a cumulative rise of 76.53 percent this year, a cumulative rise over gold.

Markets worried about relaxation

The three major U.S. stock indexes closed higher across the board on the 13th

Local time on Monday, as the U.S. White House continued to ease previous remarks about tariff increases and exacerbating trade situation, market concerns eased. Investors purchased low, and the significant decline in chip stocks and related technology stocks on Friday generally rebounded, driving the U.S. three major stock indices to the full line up Monday. As of closing, the Dow index rose 1.29%, the S&P 500 index rose 1.56%, and the Dow index rose 2.21%.

International gold prices rose by more than 3% on the 13th

The first time it broke the $4100 per ounce threshold.

On the precious metals side, driven by factors such as recent U.S. White House remarks about tariff increases, the U.S. federal government's "stop" continued, and the market expects the U.S. Federal Reserve to lower interest rates several times in the future, international gold prices rose more than 3% on Monday, first received above the US$4100 per ounce threshold.

New record high in London cash price.

Driven by soaring gold prices, silver prices have risen rapidly this year. On Monday, as physical silver inventories in London fell to multi-year lows, the market experienced a short squeeze, pushing spot silver prices to $52.56 per ounce, a record intraday high. From the perspective of historical performance, the average price ratio of gold and silver in the past 40 years is about 59: 1, and the recent rapid rise in gold prices has caused the price ratio of gold and silver to reach a high of about 80: 1 in the short term, which means that the price of silver is relatively undervalued, and some investors are optimistic about the room for silver price recovery, so they do more silver. However, Goldman Sachs' latest research report reminds investors to be cautious about the surge in silver prices. The research report pointed out that silver lacks the support of central bank buying. In the short term, there are greater volatility and downside risks in silver prices. As of Monday's close, London spot silver closed at $52.27 per ounce, a cumulative increase of 76.53% this year, exceeding that of gold.

International oil prices rose on the 13th

In terms of crude oil futures, OPEC's monthly report released on Monday noted that despite continued trade uncertainty, the world economy is on a steady growth track. The report a small increase in global oil demand growth to 1.3 million barrels per day in 2025 and expects demand growth to rise to 13.8 million barrels per day in 2026. Under this expectation, international oil prices rose on Monday. As of the closing, the price of light crude oil futures delivered by the New York Commodity Exchange in November was $59.49 per barrel, up by 1.0%; and the London Brent futures price delivered in December was $63.32 per barrel, up by 0.94%.

OpenAI and Boeing sign a chip cooperation agreement

The stock price increased by 10 percent on the 13th.

OpenAI and U.S. semiconductor giant BoE have reached a long-term chip cooperation agreement, and over the next few years, the two companies will jointly deploy customized computing chips of a total size of 10 gigawatts.

Three major European stocks indicate collective rise

On the European side, after U.S. White House¡¯s proactive release last weekend to ease trade tensions, investors were still closely watching the outlook for global rare-earth trade, with major European mining stocks rising significantly on Monday. British American Resources Group rose by more than 4%, Carnegie could rise by more than 3%, with market concerns easing from last week, and Europe¡¯s three largest stocks showed a collective increase on Monday. By the closing, the UK stock market rose by 0.16%, the French stock market rose by 0.21%, and the German stock market rose by 0.60%.

Reporter: Gao Yan