Silver, Gold, Copper & Tin Hit Records, China's $1.2T Trade Surplus | The Opening Trade 1/14/2026

Posted on 01/14/2026
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Metals extended their dramatic start to the year — with gold, silver, copper and tin all hitting record highs — as investors bet on a boost from more US rate cuts and a revival in sentiment across Chinese financial markets. China’s trade surplus climbed to $1.2 trillion in 2025, extending a record run as overseas shipments surprised with stronger growth at the end of the year, despite a deepening plunge in sales to the US. Plus, Donald Trump takes issue with Jamie Dimon's stance on the Fed.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie.



Chapters:

00:00:00 - The Opening Trade

00:00:35 - Market Check

00:01:47 - Silvers Price Surges Above $90

00:03:35 - China Trade Surplus Record

00:06:41 - Jamie Dimon on Fed Independence

00:09:03 - Czech Defense Firm CSG IPO

00:12:43 - Iran Protest Death Tolls Rise

00:14:50 - Greenland Says it Chooses Denmark

00:18:54 - Metals Soar, Gold Price

00:26:01 - JPMorgan Drops on Earnings Disappointment

00:41:34 - Yen, Japan Stocks

00:47:40 - Stocks to Watch: Miners, BP, Novo Nordisk

01:06:03 - Czech Arms Maker CSG IPO

01:14:44 - Greenland Rules Out Joining US

01:29:29 - Bank Stocks Mixed 4Q Results

01:32:45 - Trump Credit Card Cap

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