19:00 · 13 October 2025

Daily summary: Precious metals euphoria continues unabated 📈

Key takeaways
 
US100
Indices
-
-
USDIDX
Indices
-
-
Broadcom
Shares
AVGO.US, Broadcom Ltd
-
-
GOLD
Commodities
-
-
Key takeaways
  • At the beginning of the week, we are seeing an improvement in investor sentiment.
  • Gold is reaching new historic highs.
  • Markets are reacting to OpenAI's strategic partnership with Broadcom.
 
  • After Friday's aggressive trade rhetoric towards China, Donald Trump softened his tone, emphasizing his good relations with Xi Jinping and suggesting the possibility of an agreement, which calmed the markets. The lack of an official response from Beijing did not prevent investors from rebounding, as seen in both the US and Europe.

  • Wall Street is recovering some of its losses after the biggest sell-off since April, supported by optimism around the earnings season and positive news from the technology sector. Currently, the US100 is up nearly 2.1%, while the VIX fear index is down 7.6%.

  • IT companies are growing the strongest, and OpenAI's strategic partnership with Broadcom is improving investor sentiment in the AI segment.  Broadcom is up nearly 10% after announcing a collaboration with OpenAI to produce custom 10 GW AI chips, with a launch date in 2026. The project is intended to increase independence from Nvidia and strengthen its position in the AI infrastructure market.

  • Gold continues its dynamic growth, exceeding the historic barrier of $4,100 per ounce despite improved sentiment on the stock markets. The metal remains a beneficiary of global uncertainty, supported by expectations of interest rate cuts and inflows into ETFs. But that's not all, as we are seeing even greater gains in silver and, above all, palladium, which are up 3.64% and 4.13%, respectively.

  • Estée Lauder shares are up more than 4% after Goldman Sachs raised its recommendation to "Buy" and increased its target price to $115. Optimism is supported by improved sales in China, a return to growth in Hainan, and better market trends in the US.

  • The Australian dollar and the US dollar are currently performing best on the currency market. On the other hand, when analyzing the behavior of individual pairs, the euro and the Japanese yen are performing the worst. The dollar index is up more than 0.3% today.

  • Brent and WTI crude oil are up about 2% following signs of a possible de-escalation of US-China tensions and an improvement in the situation in the Middle East. 

  • The mood on the crypto market is slightly better, even though Bitcoin is down 0.4%. The increases are mainly visible in smaller projects, where we saw massive sell-offs on Friday.

13 October 2025, 17:30

BREAKING: China issues implementation rules on port fees on US ships

13 October 2025, 15:50

Crypto news: Bitcoin rebounds after the sell-off 📈Ethereum above $4000

13 October 2025, 15:28

US OPEN: "Green" Start to the Week on Wall Street

13 October 2025, 14:37

OpenAI Announces Partnership with Broadcom. Company Shares Soar!

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Join over 1.7 Million investors from around the world