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Gold pushes past $3,900/oz on U.S. rate cut bets, political uncertainty
Gold futures surged again Monday, pushing ever closer to the psychologically important $4,000/oz threshold just seven months after first trading above the $3,000 mark, as expectations for lower interest rates in the U.S. as well as political uncertainty in the U.S. and Europe drove safe-haven demand higher. Gold's rally comes as the U.S. federal government shutdown stretches into its second week, delaying the release of key economic data including September’s jobs report, while the resignation of French Prime Minister Sebastien Lecornu took financial markets by surprise. Meanwhile, investors are pricing in two more ... (full story)
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- Oct 7, 2025 1:09am Posted byFundamental Analysis268
