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Gold notches biggest gain since 2020 as precious metal goes 'parabolic’
Yahoo Finance· 2025-10-17 16:11
Gold futures (GC=F) eased on Friday but notched their biggest weekly gain since 2020 in a stunning rally. The precious metal declined more than 1% to near $4,260 after hitting an intraday high north of $4,380 earlier in the session. Gold gained 7% over the past week as prices went "parabolic in a perfect storm for the yellow metal," Kyle Rodda, senior financial market analyst for capital.com, said in a Thursday night note. Read more: Thinking of buying gold? Here's what investors should watch for. Trad ...
Wall Street veers upward after Trump softens his criticism of China
Yahoo Finance· 2025-10-13 04:37
NEW YORK (AP) — And back up goes Wall Street. U.S. stocks rallied Monday after President Donald Trump said ” it will all be fine,” just days after he sent the market reeling by threatening much higher tariffs on China. The S&P 500 jumped 1.6% in its best day since May and recovered just over half its drop from Friday. The Dow Jones Industrial Average climbed 587 points, or 1.3%, and the Nasdaq composite leaped 2.2%. “Don’t worry about China,” Trump said on his social media platform Sunday. He also said t ...