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Metal prices soared collectively over the Christmas holiday, with gold, silver, and copper reaching new highs. Better-than-expected economic data hit rate cut expectations, and global stock markets declined.

Metal prices soared collectively over the Christmas holiday, with gold, silver, and copper reaching new highs. Better-than-expected economic data hit rate cut expectations, and global stock markets declined.

Stronger-than-expected US economic growth data has weakened market bets on a near-term Fed rate cut, exerting broad pressure on global stock markets. Commodities surged, with gold, silver, platinum, and London copper hitting record highs, and wheat prices extending gains. On December 24, US stock index futures all fell, and most
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