Gold price tops $4,000 for first time as investors seek safe haven

The GuardianWednesday, October 8, 2025 at 9:20:30 AM
Gold price tops $4,000 for first time as investors seek safe haven

Gold price tops $4,000 for first time as investors seek safe haven

Gold has reached a historic milestone, surpassing $4,000 per ounce for the first time, driven by investors looking for a safe haven amid rising political uncertainties in the US, France, and Japan. This surge marks the largest rally for gold since the 1970s, highlighting its enduring appeal as a stable investment during turbulent times. As global tensions rise, many are turning to gold to protect their wealth, making this development significant for both investors and the broader economy.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
'One of us': Ugandan pride in New York mayor with roots in their country
PositiveWorld Affairs
The recent election of a New York mayor with Ugandan roots has sparked a wave of pride and inspiration among young Ugandans. Professor Mamdani's victory is seen as a significant achievement, with many in Uganda feeling a personal connection to his success. This event not only highlights the growing influence of the Ugandan diaspora but also serves as a beacon of hope for future generations, encouraging them to pursue their dreams and make an impact.
Zohran Mamdani victory shows how to defeat rightwing populism, says UK MP
PositiveWorld Affairs
Zohran Mamdani's recent victory in the New York mayoral election is being hailed as a significant win against rightwing populism, drawing attention from liberal politicians worldwide. UK MP Sadiq Khan and Labour's Luke Charters have praised the outcome, emphasizing that it reflects a choice for hope over fear. This election result is seen as a potential blueprint for combating the rise of populist movements, showcasing how progressive values can resonate with voters even in challenging political climates.
New York mayor-elect Zohran Mamdani challenges Donald Trump in victory speech as Democrats win key US election races – as it happened
PositiveWorld Affairs
In a significant victory for the Democrats, New York mayor-elect Zohran Mamdani delivered a powerful speech challenging Donald Trump, highlighting the importance of this election in shaping the future of the city and the nation. His win not only reflects a shift in political sentiment but also energizes the Democratic base ahead of upcoming elections. This moment is crucial as it signals a potential turning point in the political landscape, emphasizing the need for progressive leadership.
Virginia and New Jersey elect Democratic governors in rebuff for Trump
PositiveWorld Affairs
In a significant turn of events, voters in Virginia and New Jersey have elected Democratic governors, signaling a clear rejection of President Trump's influence in these key races. This outcome not only highlights the shifting political landscape but also reflects the electorate's desire for change, especially in the wake of Trump's attempts to sway the elections in favor of his candidates. The results in these states, along with the Democratic victories in New York's mayoral race, underscore the growing momentum for the party as it prepares for future elections.
'The Mamdani era begins': Papers react to election of next New York mayor
PositiveWorld Affairs
Zohran Mamdani's election as the next mayor of New York is making waves globally, marking a significant moment in the city's political landscape. His leadership is expected to bring fresh perspectives and engage younger voters, which is crucial for the future of urban governance. Meanwhile, Shein's expansion into physical retail with a new store in Paris highlights the evolving nature of shopping in a post-pandemic world. Additionally, David Beckham receiving a knighthood adds to his legacy, celebrating his contributions both on and off the field. These events reflect changing trends and values in society, making them important to follow.
Mamdani is "something to celebrate for the Democrats" despite underlying party division
PositiveWorld Affairs
Zohran Mamdani's election as mayor of New York is a significant win for the Democrats, especially amidst internal party divisions. At just 34, Mamdani represents a new wave of progressive leadership, promising to empower the working class and challenge the policies of the Trump administration. His effective use of social media has garnered attention and support, positioning him as a key figure for the future of the party. This election not only highlights a shift in political dynamics but also reflects the growing influence of progressive voices in American politics.
Fact check: Was listing candidates twice on NYC ballot a scam?
NegativeWorld Affairs
Elon Musk has raised serious concerns about New York's election system, highlighting issues like fusion voting and the presence of duplicate candidates on the ballot. This matters because it calls into question the integrity of the electoral process in one of the country's largest cities, potentially impacting voter trust and participation.
In Mamdani's New York win, India's Nehru finds an echo
PositiveWorld Affairs
Zohran Mamdani's recent victory rally in New York resonated with the spirit of India's independence, as he referenced Jawaharlal Nehru's iconic speech. This connection highlights the enduring influence of Nehru's legacy and showcases how political narratives can transcend borders, inspiring new generations. Mamdani's win not only celebrates his personal achievement but also serves as a reminder of the shared values and historical ties between India and the diaspora.