New York U.S. stock indexes ticked higher Monday, while other markets made louder moves, including another record-breaking rush for the price of gold.

The S&P 500 rose 0.5%, recovering its losses from last week’s dip. The Dow Jones Industrial Average climbed 313 points, or 0.6%, and the Nasdaq composite added 0.4%.

The action was even stronger in the gold market. The metal’s price rallied another 2.1% and briefly topped $5,100 per ounce for the first time, setting yet another record. Silver surged even more, settling 14% higher.

In corporate news, Baker Hughes helped lead the way, rising 4.4% after delivering a stronger profit for the latest quarter than analysts expected. The energy technology company said it’s benefiting from strong momentum in demand for liquefied natural gas, among other factors.

CoreWeave climbed 5.7% following Nvidia’s announcement that it invested $2 billion in the company. Nvidia plans to help accelerate the buildout of CoreWeave’s artificial-intelligence factories, which use Nvidia chips, aiming to advance AI adoption by 2030. Meanwhile, Nvidia’s stock slipped 0.6%.

USA Rare Earth rallied 7.9% after announcing that the U.S. government agreed to provide $277 million in federal funding to help the company produce heavy rare earths, minerals, and magnets. Additionally, the Trump administration agreed to a proposed $1.3 billion loan, while the company separately raised $1.5 billion through private investors.
https://www.bostonherald.com/2026/01/26/gold-hits-another-record-silver-soars/