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Gold Rallies as Political Uncertainty Stokes Safe-Haven Buying
Barronsยท 2025-10-08 08:40
Gold prices scaled record highs, rising above the historic $4,000 mark as investors seek safe havens against economic and political uncertainty.Futures climbed 1.4% to $4,058.60 a troy ounce in early trade, after reaching $4,061.20 earlier in the session. The U.S. government shutdown and political shakeups in France and Japan have added to market concerns, fueling the rally.Bullion is also boosted by expectations for further U.S. interest-rate cuts, strong ETF inflows and sustained central-bank buying. ...