{"id":57388,"date":"2025-12-25T23:08:30","date_gmt":"2025-12-26T03:08:30","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/global-markets-surge-on-record-metal-prices-japans-fiscal-stability-and-chinas-tech-advances\/57388\/"},"modified":"2025-12-25T23:08:30","modified_gmt":"2025-12-26T03:08:30","slug":"global-markets-surge-on-record-metal-prices-japans-fiscal-stability-and-chinas-tech-advances","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-surge-on-record-metal-prices-japans-fiscal-stability-and-chinas-tech-advances\/57388\/","title":{"rendered":"Global Markets Surge on Record Metal Prices, Japan&#8217;s Fiscal Stability, and China&#8217;s Tech Advances"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-surge-on-record-metal-prices-japans-fiscal-stability-and-chinas-tech-advances\/57388\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-surge-on-record-metal-prices-japans-fiscal-stability-and-chinas-tech-advances\/57388\/#Precious_Metals_Soar_to_Unprecedented_Highs\" >Precious Metals Soar to Unprecedented Highs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-surge-on-record-metal-prices-japans-fiscal-stability-and-chinas-tech-advances\/57388\/#Japans_Finance_Minister_Outlines_Stable_Fiscal_Path\" >Japan&#39;s Finance Minister Outlines Stable Fiscal Path<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-surge-on-record-metal-prices-japans-fiscal-stability-and-chinas-tech-advances\/57388\/#Philippine_Monetary_Authority_Projects_External_Deficits\" >Philippine Monetary Authority Projects External Deficits<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-surge-on-record-metal-prices-japans-fiscal-stability-and-chinas-tech-advances\/57388\/#China_Achieves_Quantum_Computing_Milestone_and_Biotech_Surge\" >China Achieves Quantum Computing Milestone and Biotech Surge<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-surge-on-record-metal-prices-japans-fiscal-stability-and-chinas-tech-advances\/57388\/#Oil_Prices_Edge_Up_Amid_Geopolitical_Concerns\" >Oil Prices Edge Up Amid Geopolitical Concerns<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Platinum<\/strong> surged to a <strong>record $2,413.62 per ounce<\/strong> after an <strong>8% rally<\/strong>, while <strong>Spot <a href=\"https:\/\/stockmarketwatch.com\/metal\/silver\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">Silver<\/a><\/strong> also hit a new high, breaking <strong>$75 per ounce<\/strong>, driving A-share mining stocks like <strong>Zijin Mining<\/strong> (<a href=\"\/stock\/601899.SS\">601899.SS<\/a>) and <strong>CMOC Group<\/strong> (<a href=\"\/stock\/603993.SS\">603993.SS<\/a>) to all-time highs with SHFE Silver up <strong>7%<\/strong> and Copper <strong>3%<\/strong>.<\/li>\n<li>Japan&#39;s Finance Minister <strong>Katayama<\/strong> affirmed the government&#39;s commitment to avoiding reliance on relaxed issuance of Japanese government bonds, noting that debt reliance has decreased to target levels and the upcoming budget is reasonable relative to GDP.<\/li>\n<li>The <strong>Philippine Monetary Authority<\/strong> projected an external gap of <strong>$15.5 billion<\/strong> for 2025 and <strong>$15.3 billion<\/strong> for 2026, equivalent to <strong>3.2%<\/strong> and <strong>3.0%<\/strong> of national output, respectively, with overall external positions projected at negative <strong>$6.2 billion<\/strong> and negative <strong>$5.9 billion<\/strong>.<\/li>\n<li>China marked significant advancements with a new quantum computer achieving a stability milestone, surpassing Google in efficiency, and showcased rising biotech influence through multiple billion-dollar licensing deals.<\/li>\n<li>Oil prices saw a modest increase amidst ongoing geopolitical tensions, while multiple Ukrainian cities were impacted by Russian drone and shelling attacks.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Precious_Metals_Soar_to_Unprecedented_Highs\"><\/span>Precious Metals Soar to Unprecedented Highs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Precious metals markets experienced a significant rally, with <strong>platinum<\/strong> hitting a record high of <strong>$2,413.62 per ounce<\/strong> following an <strong>8% surge<\/strong>. <em>This marks a substantial gain, with platinum futures having risen over 150% this year, the largest annual advance since at least 1987<\/em>. Similarly, <strong>spot silver<\/strong> broke the <strong>$75 per ounce<\/strong> barrier, reaching a new record level. The white metal&#39;s rally, extending for a fifth straight session, has been fueled by strong speculative inflows and persistent supply dislocations.<\/p>\n<p>The surge in precious metals had a ripple effect on mining stocks, with <strong>Zijin Mining<\/strong> (<a href=\"\/stock\/601899.SS\">601899.SS<\/a>) and <strong>CMOC Group<\/strong> (<a href=\"\/stock\/603993.SS\">603993.SS<\/a>) reaching all-time highs in A-share trading. This rally was supported by a <strong>7% increase in SHFE silver<\/strong> and a <strong>3% rise in copper<\/strong> futures. <em>Geopolitical tensions, particularly in Venezuela, have also boosted silver&#39;s appeal as a safe-haven asset, alongside expectations of continued U.S. interest rate easing into 2026<\/em>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Japans_Finance_Minister_Outlines_Stable_Fiscal_Path\"><\/span>Japan&#39;s Finance Minister Outlines Stable Fiscal Path<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Japan&#39;s Finance Minister <strong>Katayama<\/strong> conveyed a message of fiscal prudence, stating the government will avoid depending on relaxed issuance of Japanese government bonds. She highlighted that the government\u2019s reliance on debt has successfully decreased to the target level.<\/p>\n<p>Furthermore, Katayama indicated that the budget for the coming year is considered reasonable when compared with GDP. While the next year\u2019s budget will see growth in absolute terms, its overall size relative to nominal GDP has remained stable over the past three years. The Finance Minister also announced intentions to restructure the <strong>Financial Services Agency<\/strong> next summer and plans to invite public feedback on special tax initiatives for the upcoming fiscal year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Philippine_Monetary_Authority_Projects_External_Deficits\"><\/span>Philippine Monetary Authority Projects External Deficits<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Philippine Monetary Authority<\/strong> has released its projections for the country&#39;s external position, estimating an external gap of <strong>$15.5 billion<\/strong> for 2025, which is equivalent to <strong>3.2% of national output<\/strong>. The overall external position for 2025 is projected at a deficit of <strong>$6.2 billion<\/strong>, with a payments deficit equal to <strong>1.3% of GDP<\/strong>.<\/p>\n<p>Looking ahead to 2026, the external account imbalance is seen at <strong>$15.3 billion<\/strong>, a deficit projected at <strong>3.0% of economic output<\/strong>. The net payments position in 2026 is estimated at negative <strong>$5.9 billion<\/strong>, with a payments gap pegged at <strong>1.2% of GDP<\/strong>. Despite these deficits, international reserve holdings are expected to reach <strong>$109 billion by end-2025<\/strong> and <strong>$110 billion by end-2026<\/strong>. Funds sent by overseas workers are forecast to rise <strong>3.0% in both 2025 and 2026<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"China_Achieves_Quantum_Computing_Milestone_and_Biotech_Surge\"><\/span>China Achieves Quantum Computing Milestone and Biotech Surge<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>China has made significant strides in the technology sector, with its new quantum computer reaching a crucial stability milestone. The advanced machine has demonstrated superior efficiency, reportedly beating <strong>Google&#39;s<\/strong> quantum computing efforts. <em>This development underscores the ongoing global race in quantum computing and China&#39;s growing capabilities in high-tech innovation<\/em>.<\/p>\n<p>Concurrently, China&#39;s biotech industry is showcasing its rising global clout through a flurry of billion-dollar licensing deals. <em>These agreements highlight the increasing recognition and investment in Chinese biopharmaceutical innovations on the international stage<\/em>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Oil_Prices_Edge_Up_Amid_Geopolitical_Concerns\"><\/span>Oil Prices Edge Up Amid Geopolitical Concerns<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Oil prices experienced a modest increase, driven by persistent geopolitical tensions. <em>The market remains sensitive to global political developments, which can influence supply expectations and investor sentiment<\/em>. In Eastern Europe, multiple Ukrainian cities were reportedly hit by Russian drones and shelling, resulting in lives lost, further contributing to the backdrop of global instability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Platinum surged to a record $2,413.62 per ounce after an 8% rally, while Spot Silver also hit a 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