Gold, Copper Hit Record, China Hits EU Dairy Imports With Hefty Duties | The Opening Trade 12/22

Posted on 12/22/2025
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Gold, silver and copper climbed to record highs, with spot gold strengthening more than 1.5% to surpass the previous record.
Significant price moves in commodities went beyond record-setting metals, with oil climbing amid heightened geopolitical tensions after the US stepped up a blockade on Venezuela.

China levied initial duties on some dairy imports from the European Union following an anti-subsidy probe, the latest move in a tit-for-tat trade dispute with the bloc.

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 Kriti Gupta.



Chapters:

00:00:00 - Introduction

00:15:27 - ISABELLE MATEOS Y LAGO, BNP PARIBAS, CHIEF ECONOMIST

00:33:49 - Can France fix its debt problem?

00:36:11 - BEN HADDAD, FRENCH MINISTER FOR EUROPEAN AFFAIRS

00:51:50 - WILLEM SELS, HSBC, GLOBAL CIO

01:05:53 - US pursues third tanker near Venezuela

01:16:53 - TOM ATHRON, FORTNUM & MASON, CEO

01:30:37 - US, Ukraine Held ‘Constructive’ Talks in Florida, Witkoff Says

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