Gold Jumps Over 4%; Seagate Shares Gain After Q2 Results - CalciMedica (NASDAQ:CALC), Elevra Lithium (NASDAQ:ELVR)

Market Overview - U.S. stocks showed mixed performance, with the S&P 500 declining by approximately 0.1% on Wednesday, while the Dow increased by 0.02% to 49,012.75 and the NASDAQ fell by 0.10% to 23,792.17 [1] - Energy shares experienced a gain of 0.7%, while health care stocks decreased by 0.5% [1] Commodity Market - In commodity trading, oil prices rose by 0.9% to $62.92, gold increased by 4.1% to $5,290.30, silver saw a rise of 6.7% to $113.065, and copper rose by 0.8% to $5.9085 [3] European Market - European shares were down, with the eurozone's STOXX 600 falling by 0.68%, Spain's IBEX 35 Index down by 0.99%, London's FTSE 100 decreasing by 0.37%, Germany's DAX down by 0.25%, and France's CAC 40 dipping by 0.87% [4] Asian Market - Asian markets closed higher, with Japan's Nikkei gaining 0.05%, Hong Kong's Hang Seng Index increasing by 2.58%, China's Shanghai Composite rising by 0.27%, and India's BSE Sensex up by 0.60% [5] Economic Indicators - The volume of mortgage applications in the U.S. decreased by 8.5% from the previous week during the week ending January 23 [6] - U.S. crude stocks fell by 2.296 million barrels in the week ended January 23, contrasting with market expectations of a 1.75 million-barrel increase [2][6]