Stock Market Update
09-Jun-25 14:00 ET
Gold gains as dollar slips, trade talks lift safe-haven appeal
Dow +120.04
at 42882.91,
Nasdaq +89.89
at 19619.82,
S&P +19.93
at 6020.29
[BRIEFING.COM] With about two hours to go on Monday the tech-heavy Nasdaq Composite (+0.46%) is the top-performing major average.
Gold futures settled $8.30 higher (+0.2%) at $3,354.90/oz, as investor focus sharpened on U.S./China trade developments and a softer U.S. dollar. Heightened expectations for a positive tone from high-level trade talks in London -- with officials from both sides meeting on Monday -- lent support to bullion as a safe-haven asset. At the same time, modest dollar weakness made gold more attractive to non-dollar buyers.
Meanwhile, the U.S. Dollar Index is down about -0.2% to $98.96.
