silver

Markets in Europe showed little movement on Monday after a broad rally in Asia.

US futures dipped, meanwhile, after Federal Reserve Chair Jerome Powell said the Department of Justice had served the central bank with subpoenas.

Powell noted that the threat of a criminal indictment relates to his testimony about the Fed’s building renovations.

President Donald Trump insisted that he did not “know anything” about the investigation that escalates a nearly year-long feud between the government and the central bank.

When asked by NBC if the probe is intended to pressure Powell on rates, Trump said: “No. I wouldn’t even think of doing it that way.”

Trump has nonetheless criticised the $2.5 billion (€2.13bn) renovation of two Fed office buildings as excessive.

Gold and silver continue to rise

Markets appeared to take the news in their stride, although gold and other safe-haven assets climbed.

Gold vaulted over $4,600 an ounce, shooting up over 2.5%, and silver approached $85 for the first time, rising over 7%. Copper futures in the US jumped by 2.52% to $6.051.

Powell’s term as chair ends in May, and Trump administration officials have signalled that he could name a potential replacement this month. Trump has also sought to fire Fed governor Lisa Cook, another move that chips away at central bank independence.

Gold’s rise is also linked to unrest in Iran as nationwide demonstrations against leader Ayatollah Ali Khamenei enter a third week. More than 500 people have been killed during the demonstrations, according to the US-based Human Rights Activists News Agency, including 490 protesters.

President Trump said that he intends to intervene in the country if the Iranian government continues to kill protestors.

US futures dip lower

Futures for the S&P 500 dipped by 0.53% a few hours before daily trading started on Wall Street.

Futures for the Dow Jones Industrial Average fell 0.67%, while the Nasdaq composite index slipped 0.71% in pre-market trading.

Last Friday, US stocks hit records following a mixed report on the US job market. The data may delay another cut to interest rates by the Federal Reserve but does not entirely rule out the possibility.

The S&P 500 climbed 0.65% to 6,966.28, topping its prior all-time high set earlier in the week. The Dow Jones Industrial Average added 0.5% to 49,504.07 and likewise set a record. The Nasdaq composite led the market with a 0.8% gain, closing at 23,671.35.

The US Labor Department said employers hired fewer workers during December than economists expected, though the unemployment rate improved and was better than expected. An update on US inflation at the consumer level is due Tuesday, followed by a report on wholesale prices on Wednesday.

In other dealings early Monday, the dollar fell to 157.8180 Japanese yen, a daily drop of less than 0.1%. The euro climbed to $1.1691, a 0.49% rise.

US benchmark crude oil gave up early gains, falling to $58.91 per barrel. Brent crude, the international standard, dropped to $63.18 per barrel.

Rest of the world

In Germany, the DAX was nearly flat at 25,358.17, while France’s CAC 40 also showed modest movements, coming to 8,359.71 by mid-afternoon. Britain’s FTSE 100 edged less than 0.1% higher, to 10,127.05.

In Asian trading, Hong Kong’s Hang Seng gained 1.44% to 26,608.48, while the Shanghai Composite index jumped 1.09% to 4,165.29 after reports that Chinese leaders were preparing additional support for the economy.

In South Korea, the Kospi added 0.84% to 4,624.79 while Australia’s S&P/ASX 200 gained 0.48% to 8,759.40. Taiwan’s Taiex gained 0.92%.

KYLIE Jenner wowed fans with her look for the Golden Globes on Sunday – even giving a sneak peek on TikTok before the ceremony.

The star stunned in a silver strappy dress as she hit the Golden Globes with Dune star Timothée Chalamet, her boyfriend of three years.

Kylie skipped the red carpet for the 83rd annual Golden Globes and was instead seen strutting in her long silver gown on social media before the show started.

Kylie showed off her skin-tight metallic gold Ashi Studio gown with glittering beaded straps running up her chest.

The Kardashians star paired the dress with a gold clutch, silver earrings and a high ponytail.

She went full-Hollywood glam as she dazzled in over 100 carats of custom Lorraine Schwarz diamond jewelry, which included massive 75-carat earrings.

read more on the golden globes

GOING FOR GOLD

J-Lo & Jennifer Lawrence lead glitz & glamour on Golden Globes red carpet

Timothée was spotted on the red carpet in an all-black look with silver accents paired with Timberland boots.

The 28-year-old joined her boyfriend Timothée, who is nominated for Best Performance by a Male Actor in a Musical or Comedy for his movie, Marty Supreme, inside the ceremony.

The couple was spotted sharing kisses as Kylie arrived, and also after Timothee took home the gong, at the award show’s table.

Kylie was seen seated next to Timothée during the Golden Globes, including when host Nikki Glaser gave the actor a shoutout during her opening monologue.

‘BEST DRESSED HANDS DOWN’

Kylie’s post quickly gathered hundreds of thousands of likes, with fans quick to compliment her look.

“Omg that DRESSSS YOU LOOK SO GORGE WHAT,” one user wrote in the comments.

“GIRLL YOU LOOK SOOOOO GOOOODDD” said another.

“This look is a TEN OUT OF TEN!” another fan commented.

“SHE AINT EVEN HIT THE CARPET YET AND SHE WON,” another fan commented as another one added, “best dressed hands down. You are stunning.”

“Once a baddie always a baddie,” said another while one more gushed she was a “ten out of ten.”

The Golden Globes 2026 – Full list of winners

FROM British stars like Stephen Graham and Erin Doherty to Hollywood icons such as Timothée Chalamet – it was a star-studded night, hosted by Nikki Glaser, as gongs were scooped from all angles.

Best film (drama) – Hamnet

Best film (musical or comedy) – One Battle After Another

Best female actor in a film (drama) – Jessie Buckley, Hamnet

Best television series (musical or comedy) – The Studio

Best television limited series, anthology series or television film – Adolescence

Best television series (drama) – The Pitt

Best female actor in a television series (drama) – Rhea Seehorn, Pluribus

Best standup comedy on television – Ricky Gervais Mortality

Best supporting female actor on television – Erin Doherty, Adolescence

Best film (non-English language) – The Secret Agent

Best film (animated) – KPop Demon Hunters

Best director (film) – Paul Thomas Anderson, One Battle After Another

Cinematic and box office achievement – Sinners

Best female actor in a television limited series, anthology series or television film – Michelle Williams, Dying For Sex

Best male actor in television limited series, anthology series or television film – Stephen Graham, Adolescence

Best male actor in a film (musical or comedy) – Timothée Chalamet, Marty Supreme

Best female actor in a film (musical or comedy) – Rose Byrne, If I Had Legs I’d Kick You

Best screenplay (film) – Paul Thomas Anderson, One Battle After Another

Best original score (film) – Ludwig Göransson, Sinners

Best original song (film) – Golden, KPop Demon Hunters 

Best podcast – Good Hang with Amy Poehler

Best male actor in a television series (musical or comedy) – Seth Rogen, The Studio

Best supporting male actor on television – Owen Cooper, Adolescence

Best female actor in a television series (musical or comedy) – Jean Smart, Hacks

Best male actor in a supporting role in a film – Stellan Skarsgård, Sentimental Value

Best female actor in a supporting role in a film – Teyana Taylor, One Battle After Another 

Kylie and Timothee made their relationship red carpet official in May 2025 at the 70th David di Donatello Awards in Rome, Italy.

In another post wearing the same dress, Kylie teased a new product coming to her brand Kylie Cosmetics.

“New scent new me,” she wrote in the caption of a TikTok post showing her spraying a perfume from her new fragrance line, which drops on January 25th.

Kylie Cosmetics announced Sunday the “newest addition to the cosmic universe” in an Instagram post.

AWARD SHOW DATE NIGHT

Kylie joined Timothée at the Golden Globes in 2025, also sporting a silver dress.

The pair were recently spotted at the Critics’ Choice Awards on January 5 where Timothée won Best Actor for Marty Supreme, beating Ethan Hawke and Leonardo DiCaprio in the category.

Timothée is going up against Ethan and Leo at the Golden Globes for Best Performance by a Male Actor.

During his Critics’ Choice acceptance speech, he pointed to Kylie, thanking her for her support.

“Thank you to my partner for three years. I love you. I couldn’t do this without you,” he said.

“Thank you from the bottom of my heart.”

Cameras were quick to jump to Kylie, who replied, “I love you.”

The pair’s interaction further eased fans concerns about their relationship after the Dune star broke his silence on swirling breakup rumors.

Rumors of the pair’s split came after he wasn’t spotted at Kris Jenner’s 70th birthday in December and as he hadn’t mentioned Kylie in press interviews.

But Timothée was sure to mention his lover in his rapping debut, where he debunked other rumors that he was secretly Liverpudlian rapper EsDeeKid.

“My girl’s worth a billion,” he said in a the song 4 Raws, a collaboration with EsDeeKid.

Zoe Atkin secured a second British World Cup podium of the weekend with a silver medal in the freeski halfpipe event at the US Grand Prix in Aspen.

The 22-year-old halfpipe world champion was top of the standings in qualification but finished 0.25 points behind winner China’s Li Fanghui in the finals on Saturday to place second.

Li scored 93.00, Atkin achieved a score of 92.75 and third-placed Kexin Zhang of China finished with 88.75.

Atkin said she was “really happy” to secure a podium at the last World Cup event before the Winter Olympics get under way next month.

“I’m feeling super confident, really excited to get back to training and work on a couple of new things in preparation for the Games,” she added.

Gold and silver have seen a rollercoaster end to a year in which their prices are on track to record their biggest annual gains since 1979.

The price of gold soared by more than 60% this year to hit a record high of more than $4,549 (£3,378) an ounce before slipping after Christmas to stand at about $4,350 on New Year’s Eve.

At the same time, silver was trading at about $74 an ounce after hitting an all-time high of of $83.62 on Monday.

This year’s gains were fuelled by a number of reasons including expectations of more interest rate cuts, gold purchases by central banks and as investors buy so-called “safe haven” assets due to concerns about global tensions and economic uncertainty.

“Gold and silver prices are experiencing a notable rise due to the interplay of several economic, investment, and geopolitical factors,” said Rania Gule from trading platform XS.com.

The main driver of the price rises of precious metals, she added, are expectations that the US Federal Reserve will cut interest rates again in 2026.

Also this year, central banks around the world added hundreds of tons of gold to their reserves, according to the World Gold Council trade association.

Daniel Takieddine, co-founder of investment firm Sky Links Capital Group, points to “supply tightness and industrial demand” for helping to push up the price of silver.

China, which is the world’s second biggest producer of silver, has said it would restrict the export of the precious metal.

In October, China’s Ministry of Commerce announced new restrictions on exports of silver as well as the metals tungsten and antimony to “to step up the protection of resources and the environment”.

Responding to a post on social media about Chinese government restrictions on silver exports, Tesla boss Elon Musk said: “This is not good. Silver is needed in many industrial processes.”

Mr Takieddine also highlighted the large amounts of money that have flowed into the precious metals market through investments like exchange-traded funds (ETFs).

ETFs are baskets of investments that trade on a stock exchange like a single stock. They can be seen as a convenient way to trade precious metals as investors do not have to take possession of physical bullion.

Ms Gule said she expects gold to continue to rise in 2026 but “at a more stable pace compared to the record highs observed in 2025”.

Silver also has the potential to rise again in the coming year, said Mr Takieddine. But he warns “rallies may be followed by sharper corrections.”

KIM Kardashian and her sisters got all decked out for the family’s annual Christmas Eve party, and showed off their lavish looks on social media for fans to take in.

Kendall Jenner, 30, hosted the party this year for the first time, since sister Kim’s massive mansion is currently under renovation.

Kim, 44, took a sexy selfie video of her skintight silver gown with sparkly black accents that looked like festive garland.

She wore dangly diamond earrings and matching diamond cuff bracelets to accessorize the look.

She topped off her outfit with a high half ponytail.

The breathtaking dress was a 1986 vintage Thierry Mugler.

Hostess Kendall chose an all-white vintage Mugler look with matching fur trim.

She showed off her long legs in a very, very short skirt.

In a sexy selfie, she held a glass of red wine.

In a white satin dress and diamond accessories, Khloe, 41, shared some pics of her kids, Tatum and True.

Kylie, 28, chose a strapless black Galliano gown, and wore her hair in a braided updo.

‘INTIMATE’ BASH

Oldest sister Kourtney, 46, mentioned she attended the party, but didn’t share any photos of her fashion choice.

Momager Kris also kept fans in suspense and kept her looks off camera as of Christmas morning.

The Kardashian-Jenner women have been hosting their star-packed Christmas Eve bash for decades, with past guests including Paris Hilton and Jennifer Lopez.

However, this year the family decided to keep the party more intimate, claiming Kris’ recent 70th birthday bash took all their energy.

‘We are not doing a big Christmas Eve party this year, because we just had my mom’s huge 70th and we just wanted something more intimate, so we’re doing just family, but of course, we have to still be so dressed up, because that’s what we love to do,” Khloe said.

“And so we are just celebrating the holiday very glam and fab.”