Daily summary: Markets hold breath before Fed, silver rallies above 60 USD (09.12.2025)

Open account Download free app

Volatility on Wall Street remains limited as investors hold their breath ahead of tomorrow’s FOMC decision on U.S. interest rates. The Dow Jones is once again the weakest among major indices (US30: -0.2%), while the S&P 500 (US500) and Nasdaq (US100) trade flat. The Russell 2000 (US2000: +0.5%) is spending the session in the green.
Kevin Hassett, the leading candidate to succeed Jerome Powell, would place Treasury Secretary Scott Bessent on the top of the list for a next chair, "though Bessent does not want the role."
Job openings in the JOLTS report unexpectedly rose in October to a five-month high (7.65 million; forecast 7.12 million; previously 7.23 million). However, hiring slowed, layoffs increased, and quits fell to their lowest level in five years, painting a picture of a frozen labor market.
Sentiment in Europe was mixed today. France’s CAC40 led declines (FRA40: -1%), with smaller pressure seen on the UK’s FTSE 100 (UK100: -0.2%). Gains were recorded in Italy (ITA40: +0.1%), Spain (SPA35: +0.1%), Germany (DE40: +0.5%), and Poland (W20: +2.1%).
The RBA kept interest rates in Australia at 3.60%, as expected. The central bank’s governor indicated a possible return to rate hikes, which further supported the AUD.
The Japanese yen remains the weakest G10 currency, extending losses after a worse-than-expected GDP contraction in Q3 (-0.6% vs. -0.4% forecast). The dollar index adds another 0.2% ahead of the FOMC decision, trading at its highest in a week. EURUSD is down 0.14% to 1.162.
Silver leads precious metals today, gaining about 3.9% and setting another record above USD 60. Gold also benefits from dovish expectations for Fed policy in 2026 (+0.4% to USD 4,205).
In energy commodities, declines continue: Brent and WTI crude are down around 1%, while NATGAS falls another 4.8%.

26 January 2026, 11:18 AM

Gold surges over 2% and is approaching $5,100 on the back of a weaker dollar 📈

26 January 2026, 8:18 AM

Economic calendar: Ifo data from Germany and retail sales in Poland 💡Wall Street earnings calendar❗

26 January 2026, 6:49 AM

Morning Wrap: Gold breaks through the historic $5,000 barrier; NATGAS with another sharp breakout🚨

23 January 2026, 7:03 PM

Daily summary: Precious metals madness 🚨SILVER breaks through $101 and rises 5%❗

Forex
Commodities
Indices

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

Daily summary: Markets hold breath before Fed, silver rallies above 60 USD (09.12.2025)

Join over 2 000 000 XTB Group Clients from around the world