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Gold Within Whisker of $4,000 on US Shutdown, Tech Stock Wobble
Yahoo Finance·2025-10-08 00:52

(Bloomberg) — Gold hit a record high just below $4,000 an ounce as the US government shutdown, a wobble in technology stocks, and political shake-ups in Japan and France buoyed demand. Bullion rose as high as $3,999.41 an ounce, before paring some gains. December futures in New York — the most active contract — surpassed $4,000 for the first time on Tuesday. Most Read from Bloomberg The US shutdown, now into its second week, has delayed key data, muddying the outlook for the Federal Reserve’s rate-cutt ...