Gold hits record $4,000 an ounce as uncertainty fuels rally

Published: 10/8/2025
Gold hits record $4,000 an ounce as uncertainty fuels rally
Gold prices have soared to over $4,000 an ounce amid global economic and political uncertainty, marking a significant rally for the precious metal since the 1970s. The surge is driven by investors seeking safe haven assets amidst concerns like US tariffs and the government shutdown. Analysts suggest that delays in economic data reporting due to the shutdown are further bolstering gold's value. As gold hits record highs, experts anticipate continued interest from both professional and retail investors, while noting potential price fluctuations depending on the resolution of the US government shutdown.