Stocks up as markets wind down to bumper year; gold and silver smash records


SYDNEY: Asian shares advanced on Wednesday, capping a year of brisk artificial intelligence-driven gains, while commodities such as gold and silver extended their bullish run to new all-time highs as 2025 draws to a close.

Overnight on ‌Wall Street, the S&P 500 notched a closing record as the ⁠elusive Santa Claus rally finally set in. U.S. data showing the economy expanded at a much faster-than-expected clip in the third quarter ​boosted risk sentiment but weighed on bonds.

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