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5 days agoRecord $4,037 Gold Spike Reflects Heightened Safe-Haven Demand
Precious metals rallied sharply as gold touched an unprecedented $4,037 per ounce before settling near $4,005 amid persistent geopolitical uncertainty and strong central-bank buying. Silver advanced 2.2% to $31 per ounce on safe-haven flows. Analysts linked the move to risk aversion from the ongoing U.S. government shutdown and softening dollar index. Traders noted sustained ETF inflows and limited mine output continue to constrain supply. Despite the pullback, bullion remains up more than 18% year-to-date, underscoring resilient investor hedging demand.
positive
5 days agoRecord $4,037 Gold Spike Reflects Heightened Safe-Haven Demand
Precious metals rallied sharply as gold touched an unprecedented $4,037 per ounce before settling near $4,005 amid persistent geopolitical uncertainty and strong central-bank buying. Silver advanced 2.2% to $31 per ounce on safe-haven flows. Analysts linked the move to risk aversion from the ongoing U.S. government shutdown and softening dollar index. Traders noted sustained ETF inflows and limited mine output continue to constrain supply. Despite the pullback, bullion remains up more than 18% year-to-date, underscoring resilient investor hedging demand.
positive
Record $4,037 Gold Spike Reflects Heightened Safe-Haven Demand
6 days ago
1 min read
79 words
Gold briefly crossed $4,000 for the first time before easing, as safe-haven interest stayed firm amid fiscal uncertainty and geopolitical risks.
Precious metals rallied sharply as gold touched an unprecedented $4,037 per ounce before settling near $4,005 amid persistent geopolitical uncertainty and strong central-bank buying. Silver advanced 2.2% to $31 per ounce on safe-haven flows. Analysts linked the move to risk aversion from the ongoing U.S. government shutdown and softening dollar index. Traders noted sustained ETF inflows and limited mine output continue to constrain supply. Despite the pullback, bullion remains up more than 18% year-to-date, underscoring resilient investor hedging demand.
Precious metals rallied sharply as gold touched an unprecedented $4,037 per ounce before settling near $4,005 amid persistent geopolitical uncertainty and strong central-bank buying. Silver advanced 2.2% to $31 per ounce on safe-haven flows. Analysts linked the move to risk aversion from the ongoing U.S. government shutdown and softening dollar index. Traders noted sustained ETF inflows and limited mine output continue to constrain supply. Despite the pullback, bullion remains up more than 18% year-to-date, underscoring resilient investor hedging demand.
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Oct 25, 2025 • 04:11 IST