European shares soared to record ⁠highs on Tuesday after a subdued session in Asia as investors counted bumper gains heading into year-end, while silver and gold recouped recent losses after a sharp pullback ​from record highs took some froth off the precious metals' ‍strong rally.

European stock markets bumped higher, pushing the pan-European STOXX 600 benchmark index to a fresh peak.

U.S. stocks, however, seemed set to extend a decline from last week's highs.

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