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Gold pulls back after peaking at $3,991 as traders turn cautious near $4,000
Gold (XAU/USD) continues its historic climb, notching yet another all-time high near $3,991 on Tuesday. The precious metal’s advance reflects deepening market anxiety as investors seek refuge in safe-haven assets amid the prolonged United States (US) government shutdown and mounting expectations of further interest rate cuts by the Federal Reserve (Fed). At the time of writing, XAU/USD is trading around $3,963, retreating from its record highs during the American session. The pause suggests that near-term momentum may be easing, with traders turning cautious as the metal approaches the $4,000 psychological mark, ... (full story)
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From msn.com | Oct 7, 2025
Gold futures rose above $4,000 per ounce for the first time on Tuesday as many investors seek a “safe haven” for to park their money as the U.S. government shutdown continues. Gold futures in New York briefly jumped above the $4,000 mark just after 9 a.m. ET, a record high. The going price for New York spot gold had previously closed at $3,960.60 per troy ...
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