Gold Tops $4,000 for First Time Fueled by US Shutdown

BloombergWednesday, October 8, 2025 at 1:59:20 AM
Gold Tops $4,000 for First Time Fueled by US Shutdown
Spot gold has reached a historic milestone, surpassing $4,000 an ounce for the first time. This surge is driven by growing concerns about the US economy and the looming government shutdown, which have fueled investor demand for gold as a safe haven. This development is significant as it reflects the ongoing economic uncertainties and highlights gold's role as a protective asset during turbulent times.
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