{"id":12893,"date":"2025-10-08T16:08:08","date_gmt":"2025-10-08T16:08:08","guid":{"rendered":"https:\/\/bitunikey.com\/news\/market-news-stocks-eye-gains-as-gold-extends-rally-bitcoin-reclaims-123k\/"},"modified":"2025-10-08T16:08:12","modified_gmt":"2025-10-08T16:08:12","slug":"market-news-stocks-eye-gains-as-gold-extends-rally-bitcoin-reclaims-123k","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/market-news-stocks-eye-gains-as-gold-extends-rally-bitcoin-reclaims-123k\/","title":{"rendered":"Market news: Stocks eye gains as gold extends rally, Bitcoin reclaims $123k"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p>U.S. stocks rose in early trading on Wednesday, as market news included gold popping further above $4,000 and Bitcoin attempting to rally above $123,000.<\/p>\n<div id=\"cn-block-summary-block_259c83156114a33ed9b608b89284279c\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Stocks gained slightly amid investor confidence around the Federal Reserve\u2019s meeting minutes.<\/li>\n<li>Gold extended its rally above $4,000, while Bitcoin climbed above $123,000 after dipping to lows of $121,300.<\/li>\n<li>Analysts see stocks rallying before hitting a top, while experts forecast Bitcoin above $135,000 in 2025.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The S&amp;P 500 climbed 0.4%\u00a0 to set eyes on fresh gains following Tuesday\u2019s negative close, while the Nasdaq Composite jumped 0.7% as Nvidia\u2019s stock rose. <\/p>\n<p>Meanwhile, the Dow Jones Industrial Average gained nearly 80 points in early trading to highlight the upbeat mood across Wall Street.<\/p>\n<h2 class=\"wp-block-heading\">Market news: eyes on FOMC minutes<\/h2>\n<p>On the investor menu across the stock market is today\u2019s Federal Open Market Committee meeting minutes.\u00a0<\/p>\n<p>The minutes are scheduled for release at 2:00 p.m. ET. Investor focus will be on details from the September meeting and the decision to cut rates. Traders expect volatility to pick up, and prices may rise amid fresh bullish sentiment.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Gold surges above $4,000, Bitcoin reclaims key support<\/h2>\n<p>While gold and Bitcoin (BTC) prices showed recent divergence, investor sentiment across both remains extremely bullish.<\/p>\n<p>The pullback seen on Oct. 7 coincided with broader market weakness as the U.S. dollar strengthened to 98.91.\u00a0<\/p>\n<p>Historically, a surging DXY weighs on Bitcoin and gold as tighter global liquidity and rising real yields add to selling pressure. Even so, safe-haven appeal has pushed both assets higher.<\/p>\n<p>Analysts have forecast a rally for BTC in coming months, eyeing $135,000 as anticipation builds ahead of a potential double rate cut by the Fed at <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.mnimarkets.com\/calendars\/fomc-meeting-calendar\" target=\"_blank\" rel=\"nofollow\">next meetings<\/a> in October and December.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cNo stopping the price of gold for now,\u201d said economist Mohamed El-Erian. \u201cUp more than 50% so far this year, it has more than doubled over the past two years.\u201d<\/p>\n<\/blockquote>\n<p>As for why gold prices have soared above $4,060 an ounce, the economist added:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cConsistent buying by some foreign central banks is being reinforced by growing institutional and retail allocations, and a more volatile speculative overlay.\u201d<\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stocks rose in early trading on Wednesday, as market news included gold popping further above $4,000 and Bitcoin attempting to rally above $123,000. Summary Stocks gained slightly amid investor&hellip;<\/p>\n","protected":false},"author":1,"featured_media":208,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12893"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12893\/revisions"}],"predecessor-version":[{"id":12894,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12893\/revisions\/12894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/208"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}