Global stocks are preparing for a red wave after the historic decline of gold and silver
European stocks are expected to open lower on Monday, with growing concerns about spending on artificial intelligence, and volatility Precious metal prices, which cast a shadow on global stock markets.
The British FTSE index is expected to open with a decline of 0.5%, the German DAX index with a decline of nearly 1%, the French CAC 40 index with a decline of 0.8%, and the Italian FTSE MIB index with a similar decline, according to data from IG.
The sharp declines expected in Europe on Monday come amid similar movements in… Global Markets Asia-Pacific markets fell overnight, with indexes in South Korea leading the declines. Meanwhile, US stock futures fell on Sunday night, with traders awaiting the price of Bitcoin after a wave of selling that the country witnessed over the weekend.
In the metal markets, the price of gold fell by about 9%, while silver prices fell by about 30% on Friday, recording the worst daily performance for the metal since 1980.
And in the United States, attention is directed to Wall Street turned to Nvidia, with increasing questions about the artificial intelligence boom, after the technology giant stumbled to invest $100 billion in OpenAI, as company executives expressed doubts about the deal, according to a newspaper. "Wall Street Journal" Quoted from informed sources.
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