Stocks Turn Lower as Chipmakers Retreat
Yahoo Finance·2025-10-07 23:21
The ongoing US government shutdown, expectations of additional Fed easing, and political uncertainty in France and Japan are also driving investors to haven assets, such as gold and Bitcoin. Gold prices edged up to another record high today after Goldman Sachs raised its gold price forecast for 2026 to 4,300, citing ETF inflows and central bank buying. According to the latest data, the People’s Bank of China added to its gold holdings in September for an eleventh consecutive month.The ...