By John Meyer, consultant in financial affairs – Eurasia Business News, August 8, 2025. Article no. 1692
The stock market sees gold price hit a new high today with gold futures reaching about $3,490.5 per ounce, continuing a strong bullish trend in gold amid tariffs and inflation concerns.
The Dow Jones Industrial Average rose by roughly 244 points to around 44,212.5, reflecting a positive move in the broader equity market.
This increase reflects a generally positive sentiment in the broader equity market amid factors such as rising gold prices, ongoing tariff-related news, and investor optimism. The rise in the Dow suggests confidence among investors despite uncertainties linked to trade tensions and inflation concerns.
Read also : Gold : Build Your Wealth and Freedom
The Nasdaq Composite is on track to achieve its 18th record closing high of 2025, trading around 21,439 points after recent gains supported by technology stocks, ongoing tariff-related news, and investor optimism. The index has been steadily climbing with technology firms like Apple benefiting from tariff exemptions and increased U.S. manufacturing investments.
Our community already has nearly 150,000 readers!
Subscribe to our Telegram channel
Follow us on Telegram, Facebook and Twitter
© Copyright 2025 – Eurasia Business News. Article no. 1692
Eurasia Business News 