The global markets are entering a busy period of central bank decisions, with multiple interest rate signals impacting risk assets. Here are the five key points for this week's market: Precious Metals Rally Together, Platinum Hits 2008 High Precious metals are the biggest winners this week. As of the latest quote, gold has risen for the fifth consecutive trading day, currently at $4,348 per ounce, up 1.13%. Silver performed even more strongly, surging over 3% in a single day to $63.71 per ounce. The most notable development is platinum breaking the $1,800 per ounce mark, reaching a new high not seen since the 2008 financial crisis. UBS analysts believe that the market is underestimating the probability of the Federal Reserve cutting rates in January, which provides strong support for safe-haven assets. Bank of Japan Rate Hike Expectations Intensify, Yen Exchange Rate Poised to Break Out The Bank of Japan meeting on December 19 has become a global focus. The market expects the central bank to raise interest rates by 25 basis points to 0.75%, which would be the first increase in over 30 years.