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.