Stock Market Update
08-Dec-25 14:00 ET
Gold Dips on Profit-Taking and BIS Warning Ahead of Fed Meeting
Dow -304.89
at 47649.89,
Nasdaq -76.94
at 23501.22,
S&P -34.42
at 6835.97
[BRIEFING.COM] The Nasdaq Composite (-0.33%) is down 77 points with about two hours to go on Monday.
Gold futures settled $2.530 lower (-0.6%) at $4,217.70/oz, as traders took profits and shifted to the sidelines ahead of this week's Fed meeting, especially after fresh BIS warnings about stretched valuations in both gold and equities. Still, underlying support from persistent rate-cut expectations, a softer dollar, and strong central-bank demand continues to anchor the metal's longer-term bid.
Meanwhile, the U.S. Dollar Index is up less than +0.1% to $99.08.
