Gold prices hit record $4,000 in NY: Safe-haven demand rises amid US government shutdown; silver also hits 60% gain

Oct 8, 2025 - 01:30
Gold prices hit record $4,000 in NY: Safe-haven demand rises amid US government shutdown; silver also hits 60% gain

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Gold futures surged past $4,000 per troy ounce, reaching a new record amid the US government shutdown and investor anxiety. This unprecedented rise is driven by economic uncertainty from trade policies, anticipated interest rate cuts, and geopolitical tensions, with silver also seeing significant gains.

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