Global uncertainty pushes gold beyond $4k milestone

GOLD has rocketed to an all-time high as investors flock to the safe-haven asset amid worries over global economic and political uncertainty.

- By Holly Williams

SOLID: Gold is an investment haven

The precious metal raced above $4,000 (£2,987) an ounce for the first time, with its rally showing no sign of slowing.

Gold prices have been sent soaring in recent months, spurred on by US president Donald Trump’s trade tariff war, which kicked off in April.

The US government shutdown, which is now in its second week, has also added to investor nerves and sent them rushing for the precious metal.

Investors traditionally view gold as providing protection from wider turbulence and high inflation.