Everything’s supposedly rosy on Wall Street—but gold is rallying higher as investors seek safety in government shutdown

Wall Street is brushing off recession risks and the ramifications of a government shutdown, with stocks at healthy highs and interest rate cuts expected soon. Yet gold is telling a different story: prices have surged more than 45% over the past year to nearly $3,870, as investors and central banks pile in for safety. Goldman Sachs now sees gold prices reaching $4,300 by late 2026, with analysts expecting buyers will be driven by diversification away from Treasuries, de-dollarization, and geopolitical risks ...