Stock Market Update
12-Sep-25 14:00 ET
Gold extends weekly gain as softer data, Fed cut bets lift metal
Dow -194.97
at 45912.82,
Nasdaq +113.93
at 22157.00,
S&P +6.89
at 6594.36
[BRIEFING.COM] With about two hours to go on Friday the tech-heavy Nasdaq Composite (+0.52%) is in first place, up more than 113 points.
Gold futures settled $12.80 higher (+0.3%) at $3,686.40/oz, extending weekly gains to +0.9% as softer U.S. labor data, a surprise drop in producer prices, and rising bets on Fed rate cuts pressured the dollar and Treasury yields, boosting demand for the metal.
Meanwhile, the U.S. Dollar Index is up about +0.1% to $97.60.
