Gold Jumps to Yet Another Record. Why the Safe Haven Is Rallying.

Core Viewpoint - Gold prices have surged to an all-time high of $3,846 an ounce as investors seek safe-haven assets amid concerns over a potential U.S. government shutdown [1][2]. Group 1: Market Reaction - Gold futures increased by 1% in early trading, marking the sixth day of gains out of the past seven [1]. - The rise in gold prices is attributed to investor behavior during uncertain times, as gold is viewed as a reliable store of value [2]. Group 2: Political Context - The increase in gold prices coincides with a meeting scheduled between President Donald Trump and congressional leaders aimed at preventing a government shutdown [2].