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Gold Pauses After $4K Surge
Gold retreated slightly on Thursday, falling 0.2% to $4,029.86 per ounce by 0642 GMT, after reaching an unprecedented $4,059.05 on Wednesday. The pullback came as investors booked profits following a record-setting rally driven by economic uncertainty, geopolitical risk, and expectations of further Federal Reserve rate cuts this year. tweet U.S. gold futures for December delivery slipped 0.6% to $4,047.80, while spot prices hovered near historic highs, holding comfortably above the $4,000 level. Minutes from the September 16–17 Fed meeting revealed that policymakers acknowledged growing risks to the U.S. labour ... (full story)
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From channelnewsasia.com | Oct 9, 2025
Gold steadied on Thursday, holding firm above the $4,000 level it crossed for the first time ever a day before, amid hopes of further U.S. rate cuts this year and signs of easing tensions in the Middle East. Spot gold was steady at $4,037.95 per ounce as of 0439 GMT, erasing a 0.5 per cent drop in early trade. The metal touched a record high of $4,059.05 on ...
