Stock Market Update
21-Jul-25 14:00 ET
Gold jumps 1.4% to $3,406 as dollar slides, traders seek safety ahead of trade and Fed events
Dow +217.14
at 44559.33,
Nasdaq +159.04
at 21053.32,
S&P +36.43
at 6333.22
[BRIEFING.COM] The Nasdaq Composite (+0.76%) is in front among the major averages on Monday afternoon, up almost 160 points.
Gold futures settled $48.10 higher (+1.4%) at $3,406.40/oz, driven by a weaker dollar and safe-haven demand ahead of key U.S.–EU trade deadlines and upcoming central bank decisions. Investor caution also reflected geopolitical uncertainty and expectations of a potential Fed rate cut, further boosting the yellow metal's appeal.
Meanwhile, the U.S. Dollar Index is down about -0.6% o $97.87.
