Global Markets Rally as Stocks Climb, Dollar Falls and Gold Hits Record – 29 Sept 2025

Global Markets Surge as Stocks Rise, Dollar Slips and Gold Hits Record High – 29 September 2025

Global financial markets on 29 September 2025 delivered a striking performance as equities rallied, the U.S. dollar weakened, and gold reached a historic peak, reflecting investor reaction to economic uncertainty and expectations of Federal Reserve policy shifts.

The MSCI All-World Index gained about 0.16 percent, while Europe’s STOXX 600 advanced 0.3 percent. U.S. futures also pointed higher, with the S&P 500 up 0.6 percent and the Nasdaq higher by 0.67 percent. Analysts attributed the positive sentiment to optimism for fourth-quarter growth and growing expectations that the Federal Reserve may cut interest rates before year-end.

The U.S. dollar index slipped 0.15 percent to 97.99 as traders reacted to the risk of a U.S. government shutdown, which could delay key economic data and complicate Federal Reserve decisions. Currency strategists noted that further dollar weakness is possible if the Fed moves ahead with rate cuts.

Meanwhile, gold prices surged to an all-time record of $3,819.59 per ounce, supported by safe-haven demand, a softer dollar, and expectations of lower interest rates. Analysts also pointed to central bank purchases and steady inflows into gold-backed exchange-traded funds as additional drivers of the rally.

In the bond market, U.S. 10-year Treasury yields fell to around 4.145 percent, signaling increased demand for safe assets. Oil prices moved lower, with Brent crude down 1.65 percent to $68.97 per barrel and U.S. crude off 2 percent to $64.44, pressured by resumed Kurdistan–Turkey crude flows and speculation of higher OPEC+ output.

Market watchers cautioned that a prolonged U.S. government shutdown could disrupt key economic releases and increase volatility. While the surge in gold remains strong, some analysts warned that profit-taking could trigger short-term pullbacks.

Overall, 29 September 2025 highlighted a classic “risk-on and hedge” environment—investors piled into stocks for growth potential while seeking safety in gold as the dollar lost ground.