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U.S. Stocks, Gold Touch Records on Rate-Cut Optimism
Investor optimism for additional interest-rate cuts powered both gold and U.S. stocks to fresh records on Monday. Gold futures surged 1.7% to $3,948.50 a troy ounce, nearing the psychologically important $4,000 threshold, after first trading above the $3,000 mark in March. The value of the precious metal has ballooned by 50% this year. The bullion’s breakneck 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. A prolonged shutdown, as expected by traders in prediction markets, may compel the Federal ... (full story)
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From msn.com | Oct 7, 2025
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 ...
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From fxstreet.com | Oct 6, 2025
Gold (XAU/USD) extends its historic run beyond $3,900 on Monday, notching one record high after another as the prolonged United States (US) government shutdown, dovish Federal Reserve (Fed) bets, and renewed political jitters in Europe keep safe-haven demand elevated. At the time of writing, XAU/USD is trading near $3,957 during the American session. The ...
