global economic uncertainty
Gold Prices Shatter $4,000 Barrier: What's Driving the Historic Rally in Global and Indian Markets
Oct 08, 2025 05:05 pm CST
Gold prices have reached an unprecedented milestone of $4,000 per ounce in international markets, while Indian rates touched Rs 1.22 lakh per 10 grams. This historic rally is fueled by safe-haven demand amid global economic uncertainties, potential US Federal Reserve rate cuts, and geopolitical tensions. With domestic spot gold prices already up 55% this year, experts suggest the bull run may continue if global instability persists.
Gold Prices Soar to Historic $4,000 Threshold Amid Global Economic Uncertainty and US Government Shutdown
Oct 08, 2025 09:39 am CST
Gold has reached a record high of nearly $4,000 per ounce as investors seek safe-haven assets during the US government shutdown. With a 50% price increase this year, gold's rally reflects growing concerns about dollar stability, political uncertainty in major economies, and central banks' continued purchasing of the precious metal. Analysts predict further growth potential despite the possibility of short-term profit-taking.