Flight to Safety: Gold Surges Past $4,000, Staples Hold Up in US Selloff
Investors seek safety in gold, silver, and staples as equity markets sink.
Live Market Updates
Latest Financial News
Stay ahead with real-time financial news, market insights, and expert analysis from trusted sources worldwide
News Feed
1 articles
Live Market Updates
Latest Financial News
Stay ahead with real-time financial news, market insights, and expert analysis from trusted sources worldwide
neutral
17h agoFlight to Safety: Gold Surges Past $4,000, Staples Hold Up in US Selloff
Gold prices surged past $4,000 an ounce, up 0.54%, while silver jumped 2.46% as investors fled to safe-haven assets amid a deepening U.S. stock selloff. Defensive food and beverage stocks in the S&P 500 rose modestly, reflecting a shift toward risk-off positioning. Analysts said the sharp move highlights investor anxiety over escalating U.S.-China tensions and the prolonged government shutdown, prompting broader rotation from growth sectors into traditional hedges and recession-resilient equities.
neutral
17h agoFlight to Safety: Gold Surges Past $4,000, Staples Hold Up in US Selloff
Gold prices surged past $4,000 an ounce, up 0.54%, while silver jumped 2.46% as investors fled to safe-haven assets amid a deepening U.S. stock selloff. Defensive food and beverage stocks in the S&P 500 rose modestly, reflecting a shift toward risk-off positioning. Analysts said the sharp move highlights investor anxiety over escalating U.S.-China tensions and the prolonged government shutdown, prompting broader rotation from growth sectors into traditional hedges and recession-resilient equities.
neutral
Flight to Safety: Gold Surges Past $4,000, Staples Hold Up in US Selloff
about 17 hours ago
1 min read
71 words
Investors seek safety in gold, silver, and staples as equity markets sink.
Gold prices surged past $4,000 an ounce, up 0.54%, while silver jumped 2.46% as investors fled to safe-haven assets amid a deepening U.S. stock selloff. Defensive food and beverage stocks in the S&P 500 rose modestly, reflecting a shift toward risk-off positioning. Analysts said the sharp move highlights investor anxiety over escalating U.S.-China tensions and the prolonged government shutdown, prompting broader rotation from growth sectors into traditional hedges and recession-resilient equities.
Gold prices surged past $4,000 an ounce, up 0.54%, while silver jumped 2.46% as investors fled to safe-haven assets amid a deepening U.S. stock selloff. Defensive food and beverage stocks in the S&P 500 rose modestly, reflecting a shift toward risk-off positioning. Analysts said the sharp move highlights investor anxiety over escalating U.S.-China tensions and the prolonged government shutdown, prompting broader rotation from growth sectors into traditional hedges and recession-resilient equities.
Companies:
Newmont Corporation
Barrick Gold
PepsiCo
+1 more
Tags:
gold
safe-haven assets
gold
safe-haven assets
defensive stocks
US-China tensions
market selloff
Source: