Stock Market Update
21-Oct-25 13:55 ET
Gold plunges 5.7% in biggest drop since 2020 on stronger yields, firm dollar
Dow +303.12
at 47009.49,
Nasdaq -16.32
at 22974.25,
S&P +8.45
at 6743.57
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-0.07%) is the only major average in the red on Tuesday afternoon, down about 16 points.
Gold futures settled $250.30 lower (-5.7%) at $4,109.10/oz, marking its steepest one-day drop since 2020 as investors took profits after a record-setting rally. The pullback was fueled by stronger U.S. yields, a firmer dollar, and fading safe-haven demand amid improving global risk sentiment.
Meanwhile, the U.S. Dollar Index is now up about +0.3% to $98.94.
