Stock Market Update
20-Mar-26 14:00 ET
Gold Slides Nearly 10% on Week as Stronger Dollar, Rising Yields Pressure Safe-Haven Demand
Dow -233.92
at 45786.40,
Nasdaq -335.45
at 21755.25,
S&P -66.02
at 6542.46
[BRIEFING.COM] The Nasdaq Composite (-1.52%) is in last place on Friday afternoon, down about 335 points.
Gold futures settled $30.80 lower (-0.7%) at $4,574.90/oz, down about -9.6% on the week, owing to a stronger U.S. dollar and rising Treasury yields, driven by elevated inflation concerns and a "higher-for-longer" Fed outlook, continued to pressure prices. Despite ongoing geopolitical tensions, investor outflows and a shift toward cash and dollar assets have outweighed safe-haven demand, leaving gold sharply lower on the week.
Meanwhile, the U.S. Dollar Index adds about +0.4% to $99.57.
