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Stocks rallied on Friday amid strong corporate earnings and a better-than-expected jobs report. In April, 177,000 jobs were created versus 138,000 expected and unemployment remained steady at 4.2%.

Equities were further boosted as China said it is evaluating US outreach to begin trade talks, something the country was unwilling to do after initially receiving a 145% tariff on most exports to the US earlier this month.

Gold ticked up today as well, currently up about 1% after plunging over $100 on Thursday.  

Gold plunged on Wednesday, falling over $50 in the first minutes of trading after the market re-opening and is down over $100 in the early afternoon. Silver is up about 2%, dropping the gold-to-silver ratio under 100 after it had spiked in recent weeks. The drop in gold comes as stocks rallied on hopes of a trade deal with China after a shift in President Trump’s tone towards the nation.

• Gold broke $3,300 to hit a record high on Wednesday as economic tensions continue to rise between the US and China, and much of the effects of tariffs on the rest of the world remains in limbo.
• Silver is trading at a 2-week high, breaking $33 before retreating slightly. Stocks are trading lower, primarily on new implications of Trump’s trade policy on the chip sector in dealing with China.
• The S&P 500 is down 1.2% and the Nasdaq—which was hit hardest due to semiconductor restrictions—is down 2.1%.

Gold surges to a record high amid ongoing tariff uncertainty and worry about a global recession. The metal hit $3225 on Friday and continues to climb. Silver also wiped away all of last week’s losses and is trading at $32.25—up about 14% from its recent low. Stocks are up modestly after plunging yesterday to wipe away most of Wednesday’s gains in response to President Trump pausing most tariffs for 90 days. The S&P 500 is up about 1.2% and the Dow is up about 1% heading into the close.

• Stocks rallied on Tuesday in hopes that tariffs would not be as extreme as initially thought as several countries seem willing to work with the US to avoid the proposed tariffs.
• The S&P 500 is up about 1.15% midday and the Dow is up 600 points, still well below their levels prior to last week’s selloff.
• Gold is still down, hovering just below $3,000 and silver, which had seen a swing of $5.00 in 48 hours last week, is trading at $29.90—down about 12% in April.

Stocks are on pace for their worst week since March 2020 after President Trump’s ‘Liberation Day’ tariffs were more extreme than anticipated and the preliminary response from large trading partners such as the EU and China has been retaliatory. Gold and silver are plunging as well after initially rising amid increase tariff worries. Gold is down nearly 5% from this week’s high while silver is down over 10%.

Stocks surged Monday after President Trump walked back some of his recent tariff threats, suggesting tariffs that are set to go into place on April 2 will be softer than markets had recently expected. The S&P is up 1.4% and the Nasdaq, which has been hit hardest in recent weeks, is up about 2% heading into the close. Gold retreated from its recent high but is still holding steady above $3,000.

Gold surged to a new record high and is currently trading at $3035 as stagflation worries are driving equities lower ahead of tomorrow’s Fed decision. Silver is also up, trading at $34.10, its highest level since October 2024. Stocks are down about 1% after getting crushed over the past two weeks. While rates are expected to remain unchanged tomorrow, any deviation from expected forward guidance or surprises during Fed Chair Powell’s press conference could rattle both metals and equity markets.

Gold and silver drifted lower on Monday as profit-taking amid plunging equities offset some of the haven-buying precious metals experienced recently due to rising trade tensions between the US and its allies.

Gold is down about 1% since last week’s high, currently trading at $2882. Stocks are getting slammed as tariff concerns remain the focus of investors. The Nasdaq is down 4.8%, on pace for its worst day since 2022.

• • Precious metals and stocks both surged Wednesday after CPI data came in softer than expected.
  • Core prices rose 0.2% in December and 3.2% year-over-year (vs. 0.3% and 3.3% expected). Gold is trading at $2694, its highest level of 2025 and silver is up $0.70, trading at $30.65.
  • The data was welcomed by investors who had been weary of the Fed’s projected 2025 rate cuts.
  • The Dow and S&P 500 are up 1.5% today, while the tech-heavy Nasdaq, which had been hit hardest in recent weeks, is up 2%.