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Gold Price Hits New Record at $4,035 Per Ounce – Is Bitcoin’s Next All-Time High Around the Corner?
Yahoo Finance·2025-10-08 17:18

Gold surged to an all-time high of 4,035perounceonWednesdayasinvestorsfledtosafehavenassetsamidrenewedpoliticalandeconomicturbulenceintheUnitedStates.KeyTakeaways:Goldhitarecord4,035 per ounce on Wednesday as investors fled to safe-haven assets amid renewed political and economic turbulence in the United States. Key Takeaways: Gold hit a record 4,035 per ounce as investors sought safety amid the US government shutdown and market uncertainty. The metal has surged 30% since April, driven by Trump’s tariffs, a weaker dollar, and record inflows into gold ETFs. Analysts warn the rally could cool if the Fed raises rates, though expectations of ...