Stock Market Update
24-Oct-25 14:00 ET
Gold slips as profit-taking and easing U.S.-China tensions cool safe-haven demand
Dow +538.11
at 47272.51,
Nasdaq +304.08
at 23245.90,
S&P +65.52
at 6803.95
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+1.33%) is today's top-performing major average, up about 305 points.
Gold futures settled $7.80 lower (-0.2%) at $4,137.80/oz, extending their weekly decline to about -1.8% as profit-taking and easing U.S./China tensions cooled demand for safe-haven assets. Analysts said the move also reflects investors pausing after a nine-week rally, with focus turning to upcoming U.S. inflation data and the outlook for Fed rate cuts.
Meanwhile, the U.S. Dollar Index is up less than +0.1% to $98.96.
