Gold futures have soared above $4,000 per troy ounce for the first time, as many investors seek a “safe haven” to park their money as the U.S. government shutdown continues. Gold futures in New York jumped above the $4,000 mark Tuesday morning, marking a record high.
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Gold futures rise above $4,000 per ounce for the first time
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Gold tops $4,000 for first time as traders pile into safe haven
Gold futures have soared above $4,000 per troy ounce for the first time, as many investors seek a “safe haven” to park their money as the U.S. government shutdown continues. Gold futures in New York jumped above the $4,000 mark Tuesday morning, marking a record high.
Gold futures surged above $4,000 a troy ounce for the first time Tuesday, extending a yearlong rally that has seen gold prices up 50 percent. | Economy
Gold prices hit $4,000 per ounce Tuesday for the very first time, driven by strong investment demand amid broader geopolitical and economic uncertainty, along with expectations of further interest rate cuts from the Federal Reserve.
According to a CNBC report, gold futures crossed the $4,000 per ounce mark Tuesday, and investors seek a safe haven from a weaker dollar, geopolitical and economic uncertainty, and stubborn inflation.
Gold hit $4,000 an ounce for the first time on Tuesday, extending its record run amid heightened economic uncertainty and surging interest from everyday investors.
Gold prices were surging above $4,000 per ounce on Tuesday for the first time ever, as escalating political tension in the United States and renewed fears over global financial stability drove investors out of risk assets and into safe havens
Gold topped $4,000 an ounce for the first time Wednesday as investors flocked to the safe haven metal on worries over the US government shutdown, France
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Gold futures rise above $4,000 per ounce for the first time | Since Then
