By William Collins, consultant in stock markets – Eurasia Business News, October 27, 2025. Article no 1856

The U.S. stock market saw a significant rally, with major indices reaching new record highs largely due to optimistic sentiment surrounding a potential U.S.-China trade deal. The Dow Jones Industrial Average closed at approximately 47,422 points, marking a new record high with an increase of about 215 points, or 0.46%.

The Nasdaq Composite finished at 23,204.87, up 263.07 points or 1.2%, marking a new record close. The S&P 500 gained 0.7% to close at 6,791.69, also setting a new record closing high.

These gains were supported by strong performances in technology stocks, semiconductor companies, and positive earnings reports, with key sectors including financials, utilities, and technology showing notable strength. The market optimism was further fueled by expectations of potential interest rate cuts by the Federal Reserve and progress in U.S.-China trade negotiations.

Gold prices declined to around $4,020.70 per ounce, down about 2.83% from the previous day, reflecting a bearish technical correction amid easing U.S.-China trade tensions and a stronger U.S. dollar. The price oscillated between approximately $3,986 and $4,124 during the day. It could be a great opportunity to buy gold now.

Read also : Gold : Build Your Wealth and Freedom

Meanwhile, silver prices also fell, trading at about $47.02 per ounce, down $1.58, reflecting similar market dynamics including reduced safe-haven demand as optimism grew over U.S.-China trade negotiations and expectations of Federal Reserve interest rate cuts.

Despite the pullback on that day, gold was still up about 55% and silver about 65% year-to-date, showing strong performance over the year.

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© Copyright 2025 – Eurasia Business News. Article no. 1856