Gold Hits Another Record as Uncertainty Builds

Core Insights - Gold prices reached a record high of $3,916 per ounce, increasing by 1.1% amid concerns over a U.S. government shutdown [2] - In 2025, gold prices have surged by 48%, positioning the metal for its best performance since 1979, driven by geopolitical uncertainty and anticipated interest rate cuts by the Federal Reserve [3] Market Reactions - The failure of the Senate to pass a temporary funding bill led to the government shutdown, prompting investors to seek safe-haven assets like gold [2] - The demand for bullion has significantly increased due to the combination of geopolitical tensions and the expectation of continued interest rate reductions [3]