Precious metals hit a historic high, with platinum prices leading the rally, drawing market attention to the Federal Reserve's moves

OldLeekNewSickle · 2026-01-04T18:22:15+00:00

As the 2024 holiday season approaches, global financial market liquidity declines, but precious metals such as gold, silver, and platinum prices hit record highs, reflecting strong market demand for safe-haven assets. Several economic data releases are scheduled for next week, and the Federal Reserve meeting minutes are highly anticipated, as investors hope to gain signals of interest rate cuts.

OldLeekNewSickle

2026-01-04 18:22:15

Abstract generation in progress

As the 2024 year-end holiday approaches, global financial market liquidity has significantly decreased, and trading activity is less vigorous than usual. However, amidst this downturn, precious metals are defying the trend—gold, silver, and platinum prices are all reaching record highs. Among them, platinum’s performance is particularly remarkable, reflecting market pricing of economic uncertainty.

Precious Metals Market Overview and Market Background

Although global stock markets are generally on holiday, trading in precious metals remains active. With New Year’s Day approaching, market participation by institutions is noticeably reduced, and overall trading volume is expected to be far below normal levels. In this context, the prices of gold, silver, and platinum continue to set records, indicating that demand for safe-haven assets remains strong.

Next Week’s Key Event Schedule

In the coming week, several major economic data releases will be densely scheduled, becoming focal points for investors:

Tuesday 03:00 — The Federal Reserve will release the minutes of the December monetary policy meeting, revealing the decision-makers’ latest assessments of the economic situation.

Wednesday 21:30 — The United States will announce the initial jobless claims for the week ending December 27, reflecting the latest dynamics in the labor market.

Friday 22:45 — The final US December S&P Global Manufacturing PMI will be released, measuring the manufacturing sector’s health.

Federal Reserve Meeting Minutes: Market Anticipates Rate Cut Signals

Among the various data, the Federal Reserve meeting minutes are undoubtedly the most anticipated. Investors hope to glean clues about the Fed’s next move regarding interest rate cuts. The market generally expects that, compared to the current Chair Powell, the new Fed Chair appointed by Trump may lean more towards a dovish stance on monetary policy, which will influence risk expectations in both the stock and precious metals markets.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.