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News in English (USA) / 07.10.2025 / 16:00

Gold Prices Reach Unprecedented Heights Amidst Economic Uncertainty

The price of gold has surged to an all-time high, reaching $4,000 an ounce for the first time, reflecting significant investor demand amid ongoing economic uncertainties, including the U.S. government shutdown and anticipated Fed rate cuts. This remarkable surge is bolstered by the strongest quarterly performance in ETF inflows and heightened safe-haven demand as market conditions weigh heavily on investor sentiment. Analysts suggest that various factors, including geopolitical tensions and economic instability, may drive gold prices even higher, potentially exceeding $10,000 within the decade. Amid this environment, not just gold, but other precious metals like silver and platinum are also experiencing notable surges in prices.
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