Gold Soars to Record Highs Amid U.S. Shutdown and Rate Cut Bets
TL;DR Summary
Gold prices reached a record high of $3,898.18 an ounce due to safe-haven demand amid the US government shutdown and expectations of a Federal Reserve interest rate cut, supported by a weakening dollar and geopolitical uncertainty.
- Gold hits record high on U.S. government shutdown and Fed rate cut bets Reuters
- Gold hits new all-time high as U.S. government shutdown dents risk appetite CNBC
- Silver nears record in hockey stick rally, gold approaches $4,000 an ounce Yahoo Finance
- Shutdown Worries Seen Sending Investors Into Gold The Wall Street Journal
- Gold Is Headed Higher. There’s a Safer Way to Bet on the Rally. Barron's
Reading Insights
Total Reads
1
Unique Readers
4
Time Saved
2 min
vs 2 min read
Condensed
91%
400 → 36 words
Want the full story? Read the original article
Read on Reuters