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Gold prices topped $4,300 this week. What's driving the surge?
Yahoo Finance·2025-10-18 00:14

NEW YORK (AP) — As economic uncertainty deepens, the rush for gold continues — with prices for the precious metal topping 4,300forthefirsttimethisweek.ThegoingpriceforNewYorkspotclosedatarecord4,300 for the first time this week. The going price for New York spot closed at a record 4,326 per troy ounce on Thursday. Futures also traded as high at more than 4,344pertroyounceThursday,beforefallingbelowthe4,344 per troy ounce Thursday, before falling below the 4,300 mark Friday morning. Still, gold is up 6.7% over the last week, marking one of its best weeks to date. Gold sales can rise sharply when anxious investors see ...