Gold Hits $4,000 an Ounce for the First Time on Safe-Haven Demand | Firstpost Live | N18G

Gold Hits $4,000 an Ounce for the First Time on Safe-Haven Demand | Firstpost Live | N18G

Gold prices have surged past $4,000 an ounce for the first time, marking one of the strongest rallies since the 1970s. The surge has been driven by a combination of domestic and global factors, including the ongoing U.S. government shutdown, expectations of Federal Reserve interest rate cuts, U.S. trade tariffs, a weakening U.S. dollar, and geopolitical unrest in West Asia, France, and Japan. Investors are flocking to gold as a safe-haven asset, while rising demand through ETFs and central bank purchases, especially from China, has further boosted prices. The rally highlights gold’s role as a hedge in uncertain times.

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Gold Prices | Safe-Haven Demand | Market Rally | U.S. Shutdown | Federal Reserve | Geopolitical Unrest | China | Global Economy | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News

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