Reported 1 day ago
Gold futures have risen above $4,000 per ounce for the first time as investors seek secure investments during the ongoing U.S. government shutdown. The price has surged nearly 50% since the beginning of 2025, driven by economic instability stemming from trade wars and interest rate cuts. This spike in gold prices reflects growing anxiety among consumers and businesses, with central banks worldwide also contributing to the demand. Concerns about inflation and geopolitical tensions, including wars in Gaza and Ukraine, have further fueled the rally in gold and other precious metals.
Source: YAHOO