Stock Market Update
10-Dec-25 13:55 ET
Gold Slips Ahead of Fed Decision as Profit-Taking and Firmer Yields Pressure Bullion
Dow +153.03
at 47713.11,
Nasdaq -96.42
at 23480.10,
S&P -2.34
at 6838.16
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-0.41%) is in last place as we approach two hours left on the session; looking ahead to the top of the hour the FOMC will announce its latest policy decision and the Treasury is slated to release its monthly budget report.
Gold futures settled $11.50 lower (-0.3%) at $4,224.70/oz, as traders took profits and positioned cautiously ahead of the Fed meeting, with firmer Treasury yields briefly denting demand for non-yielding assets. Momentum in other metals, particularly silver, also drew some attention away from bullion, keeping gold on the back foot.
Meanwhile, the U.S. Dollar Index is down about -0.3% to $98.97.
