The recent market performance is quite interesting—The three major US stock indices closed slightly lower today, but the week's gains are still impressive. The Nasdaq fell 0.09% but gained 1.22% for the week, the Dow Jones dropped 0.04% but increased 1.2% this week, and the S&P 500 had a smaller decline of only 0.03% but achieved a weekly return of 1.4%.
What really stole the spotlight is precious metals. Spot silver surged by 10% today, breaking through the $79/ounce mark, with a year-to-date increase of over 173%, which is quite astonishing. Although spot gold isn't as dramatic, it also rose steadily, up 1.12% to $4531.1/ounce, with a cumulative weekly increase of 4.44%.
On the other hand, blockchain concept stocks are a bit subdued, with most stocks weakening. Strategy(MSTR) only rose slightly by 0.06%, Twenty One Capital(XXI) fell 1.36%, and Circle(CRCL) declined even more, by 1.66%, indicating a reallocation of funds.
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BugBountyHunter
· 12-27 01:51
The 173% surge in silver is unbelievable, while the concept stocks in the crypto circle are actually underperforming. Funds are really fleeing.
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SurvivorshipBias
· 12-27 01:50
Silver surges by 173%, and we're still here watching MSTR keep falling. How ironic.
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BakedCatFanboy
· 12-27 01:42
Silver's surge of 173%, it's crazy... I was still bottom-fishing MSTR, and I got played.
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LightningHarvester
· 12-27 01:39
Silver surges by 173%, but the US stock market is just dozing off? Funds are really flowing into precious metals...
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MSTR's increase is funny, gold is soaring wildly and it's still dawdling here
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Wait, is the simultaneous rise of gold and silver a risk signal? Or is a big market move really coming
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The weekly chart is red, but it feels like the hot spots are rotating, and crypto concept stocks are really cold
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You can't see the 173% increase in silver? Don't boast about the small gains in the US stock market
The recent market performance is quite interesting—The three major US stock indices closed slightly lower today, but the week's gains are still impressive. The Nasdaq fell 0.09% but gained 1.22% for the week, the Dow Jones dropped 0.04% but increased 1.2% this week, and the S&P 500 had a smaller decline of only 0.03% but achieved a weekly return of 1.4%.
What really stole the spotlight is precious metals. Spot silver surged by 10% today, breaking through the $79/ounce mark, with a year-to-date increase of over 173%, which is quite astonishing. Although spot gold isn't as dramatic, it also rose steadily, up 1.12% to $4531.1/ounce, with a cumulative weekly increase of 4.44%.
On the other hand, blockchain concept stocks are a bit subdued, with most stocks weakening. Strategy(MSTR) only rose slightly by 0.06%, Twenty One Capital(XXI) fell 1.36%, and Circle(CRCL) declined even more, by 1.66%, indicating a reallocation of funds.