Silver price trades near $66.50 per troy ounce during European hours on Thursday, hovering around an all-time high of $66.89, recorded on Wednesday.

US stocks, as represented by the benchmark S&P 500 index, are on track to close the year in green. But a so-called “Santa Claus rally” may not show up this year.

The Japanese Yen remains on the back foot against its American counterpart for the second straight day and pushes the USD/JPY pair to the 156.00 neighborhood, or the top end of the weekly range, during the early European session on Thursday.