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Gold Surpasses $4,000 as Investors Seek Safe Havens Amid Global Turmoil

Gold Surpasses $4,000 as Investors Seek Safe Havens Amid Global Turmoil

Published:
2025-10-08 06:23:02
22
2
BTCCSquare news:

Gold breached the $4,000 per ounce threshold for the first time in history, trading at $4,031.40 by early EST hours. The 51.6% year-to-date surge reflects deepening anxiety over geopolitical instability—from the U.S. government shutdown to leadership transitions in Japan and France.

Goldman Sachs' forecast of $4,000 Gold by mid-2026 was eclipsed months early as ETFs see record inflows. September 2025 marked the strongest three-year demand for gold-backed funds, with rate cut expectations amplifying their appeal over equities.

|Square

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