Wall Street Hits Record Highs, Gold Prices Bounce Back
U.S. stocks surged to fresh records for the second straight session on Thursday, while gold prices reversed course with a sharp rally.
At the close on September 19:
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Dow Jones Industrial Average (DJIA) rose 0.37% to 46,315 points.

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S&P 500 gained 0.5%.
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Nasdaq Composite climbed 0.7%.
Market movers
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FedEx jumped 2.3% after posting stronger-than-expected earnings.
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Apple climbed 3.2% following a bullish outlook from JPMorgan.
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Tech firms like Palantir Technologies and Oracle also rallied 3–4%.
Investor sentiment got an extra boost from a call between President Donald Trump and Chinese leader Xi Jinping, with both sides signaling progress on a potential TikTok deal and agreeing to meet next month in South Korea.
Gold shines again 🪙
On the commodities front, gold rose $50 to $3,705 per ounce, snapping back after a $15 dip in the previous session. Analysts say low interest rates are cutting the opportunity cost of holding bullion, while market volatility keeps safe-haven demand strong.
Bob Haberkorn, strategist at RJO Futures, noted: “The trend remains bullish. We could see gold push toward $4,000 by year-end.”
Silver also climbed 2.2% to $42.7/oz, platinum gained 1.4% to $1,403/oz, while palladium held steady at $1,150/oz. Haberkorn added that more investors are shifting toward silver and platinum as affordable alternatives to gold.
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