Global Markets Roiled by Gold Surge, Japan Stimulus Hopes, and Geopolitical Tensions

Key TakeawaysGold surged to a new record of $3,920/oz, climbing nearly 50% this year, as investors sought safe-haven assets amid the ongoing US government shutdown and geopolitical uncertainty.Japan's Nikkei futures rose 4% and the yen weakened by 1.2% following news that pro-stimulus leader Sanae Takaichi is set to become prime minister, signaling anticipated growth-boosting policies.President Trump urged Fannie Mae (FNMA) and Freddie Mac (FMCC) to promote large-scale homebuilders to boost housing developm ...