[BRIEFING.COM] The Nasdaq Composite (+0.95%) is in first place this afternoon, up about 206 points.
Gold futures settled $150.30 higher (+3.4%) at $4,552.30/oz, boosted by easing inflation fears, a softer dollar, and lower Treasury yields amid renewed Iran ceasefire talks. The rally also reflects unwinding of recent bearish positioning and growing expectations for potential Fed rate cuts.
Meanwhile, the U.S. Dollar Index is up about +0.3% to $99.49.