Gold Falls, S&P 500 Hits Record Close As U.S. And China Near Trade Truce

https://www.forbes.com/sites/antoniopequenoiv/2025/10/27/gold-price-tumbles-again-while-sp-500-hits-new-record-on-china-trade-deal-optimism/
Topline The S&P 500 reached a record high Monday, one day after the U.S. and China agreed to a trade pact framework that could prevent a broader trade war, news that sent gold prices tumbling. Key Facts The S&P 500 closed up 1.2%, keeping weeks of positive momentum alive and marking its highest closing price