Stock Market Update
11-Dec-25 14:00 ET
Gold Jumps 2% to $4,313 as Softer Dollar and Dovish Fed Bets Spur Safe-Haven Demand
Dow +608.64
at 48666.18,
Nasdaq -119.16
at 23535.03,
S&P +3.03
at 6889.70
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-0.50%) is in last place on Thursday afternoon, albeit decently off morning lows of -1.46%.
Gold futures settled $88.30 higher (+2.0%) at $4,313/oz, as a softer dollar and renewed expectations for Fed rate cuts boosted demand for non-yielding assets. A dovish tone from policymakers and lingering macro uncertainty also fueled safe-haven buying across precious metals.
Meanwhile, the U.S. Dollar Index is down -0.4% to $98.23.
