23 December 2025 – 08:33 Central Euro Time

Gold has cleared the 4500 handle in trading thus far to as high as 4531, whilst Silver has cleared its 70 handle in thus far reaching up to 70.16: whilst we welcome such lofty prices, a word to the wise is sufficient: Gold is at present +16% above Fair Value and Silver +24% above same. Too, the yellow metal is currently above today’s Neutral Zone, as are the Bond and Swiss Franc, a phenomena not unusual as we glide toward year-end. Session volatility for the BEGOS Markets is mostly moderate. Copper’s “Baby Blues” of linreg consistency (see Market Trends) continue to inch below the key +80%, albeit price has yet to respond in kind. They may be quite an array of data arriving today for the Econ Baro: problematic thereto is much conflict between our reporting sources as to what shall or shall not be issued, either timely or in arrears; we’ll have it all updated later in the session; also there is “talk” of another StateSide “shutdown” come late January.