Business, China, economy, Finance, Gold, Markets, Stocks
By William Collins, consultant in stock markets – Eurasia Business News, October 13, 2025. Article no 1825
The Dow Jones Industrial Average jumped 587.98 points, or 1.29%, closing at 46,067.58. The S&P 500 rose 102.21 points, or 1.56%, to 6,654.72. The Nasdaq composite gained 490.18 points, or 2.2%, closing at 22,694.61.
These gains came after President Donald Trump softened his tone on China, easing concerns about a possible escalation in trade tensions. This shift encouraged a broad rally in the stock market, snapping a five-day losing streak for the Dow.
In addition to stock market gains, the U.S. dollar, oil, and gold prices also rose amid this broad upturn. Silver prices notably soared to a record high during the session, reflecting heightened investor interest in precious metals in the context of easing trade fears and global uncertainties.
West Texas Intermediate (WTI) crude oil prices rose approximately 1.17% to trade around $59.59 per barrel. The day’s price range was roughly between $59.00 and $60.17 per barrel. This increase marked a rebound from recent lows, supported by easing U.S.-China trade tensions and a cease-fire in the Israel-Gaza conflict which helped alleviate geopolitical risks. Despite the rebound, oil prices remained under pressure from rising global supply, including a roughly 630,000 barrels per day increase by OPEC+ in September, raising concerns about future supply surpluses.
gold prices surged to an all-time record high, trading around $4,130 per ounce, with intraday highs reaching approximately $4,137. This surge was driven by safe-haven demand amid renewed U.S.-China trade tensions, expectations of Federal Reserve interest rate cuts, and geopolitical uncertainties. Gold opened the day near $4,018 and climbed steadily throughout the session, marking more than a 3% daily gain and continuing its strong bullish trend. Gold price crossed $ 4,000 for first time on October 7.
Read also : Gold : Build Your Wealth and Freedom
Silver also experienced a historic surge on the same day, reaching a record price of about $51.52 to $51.97 per ounce. Similar to gold, the rise in silver was fueled by heightened investor interest due to trade dispute concerns and expectations of easier U.S. monetary policy. Tight market conditions and increased private investment inflows further supported silver’s rally to this unprecedented level.
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© Copyright 2025 – Eurasia Business News. Article no. 1825
Founded in 2017, Eurasia Business News is an independent platform where are published articles on economy, finance, geopolitics, tax and legal issues in Europe, America and Asia. Our goal is to bring new and valuable insights to business leaders, policymakers, scholars and citizens. Articles are published in both English and French. Premium content is available for monthly subscribers. View all posts by Eurasia Business News
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