Prices of the yellow metal have been volatile, with spot gold hitting an all-time high of about $4,380 per ounce on Monday before falling sharply.

Stocks are drifting near their record heights on Wall Street, while the price of gold falls again to trim more off its tremendous gain for the year.

The Dow touched an intraday record high while the Nasdaq slipped as investors focused on a wave of quarterly earnings while remaining vigilant about US-China trade tensions.

Gold and silver face sharp declines, with silver in correction territory and gold down 8%, driven by technical trading and low liquidity. Beyond Meat (BYND) surges over 50% in a short squeeze, but fundamentals remain weak and valuation reflects ongoing turnaround challenges.

Get to know the debasement trade, which explains a lot of the asset moves that have defined 2025 in markets.

Need a starting point? Go back to your old high school, walk the halls, and look at what everyone's wearing and using.

Bank stocks, meanwhile, stabilized on Friday after several reported stronger profit for the latest quarter than analysts expected, including Truist Financial, Fifth Third Bancorp and Huntington Bancshares. That helped steady the group, a day after tumbling on worries about potentially bad loans.

President Trump blasted the WSJ for a "FAKE NEWS" report he lifted "a key restriction" on Ukraine, allowing it to use long-range missiles against Russia.

No one can agree on what a likely meeting between Donald Trump and Xi Jinping will mean for China’s sputtering stock market.

On Wall Street, Amazon’s stock held up despite a widespread outage for its cloud computing service that caused disruption for internet users around the world early Monday. Amazon’s stock rose 0.8%. In stock markets abroad, indexes rose across much of Europe and Asia.