Stock Market Update
06-Jan-26 14:00 ET
Gold Rallies on Safe-Haven Demand, Fed Cut Expectations Despite Firmer Dollar
Dow +455.85
at 49432.82,
Nasdaq +133.63
at 23529.48,
S&P +39.02
at 6941.06
[BRIEFING.COM] With about two hours to go on Tuesday the tech-heavy Nasdaq Composite (+0.57%) is tied for second place, probing HoDs in recent trading.
Gold futures settled $44.60 higher (+1.0%) at $4,496.10/oz, as safe-haven demand strengthened amid renewed geopolitical uncertainty, while investors continued to lean into bullion as a hedge. The move was further supported by expectations for eventual Fed rate cuts, which have reinforced gold's appeal in a lower-yield outlook.
Meanwhile, the U.S. Dollar Index is up about +0.3% to $98.57.
