Stock Market Update
31-Dec-25 14:00 ET
Gold Slides 1% on Year-End Profit-Taking, Margin Hikes Pressure Leveraged Longs
Dow -71.67
at 48295.18,
Nasdaq -25.11
at 23394.00,
S&P -9.50
at 6886.73
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-0.11%) is down 25 points this afternoon, poised to end the month +0.62% higher.
Gold futures settled $45.20 lower (-1.0%) at $4,341.10/oz, as year-end profit-taking and position trimming followed recent margin hikes on precious-metals contracts, which pressured leveraged longs in thin holiday trading. The pullback was amplified by lighter safe-haven demand amid firmer risk sentiment, though analysts broadly see the longer-term bullish gold trend as intact.
Meanwhile, the U.S. Dollar Index is up +0.1% to $98.37.
