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US gold futures top $4,000 as record run gathers pace
Business World Philippines
|October 09, 2025
US GOLD FUTURES surged past the $4,000 per ounce milestone for the first time on Tuesday, driven by expectations of a US Federal Reserve rate cut later this month and persistent safe-haven demand due to the ongoing US government shutdown.
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US gold futures for December delivery settled 0.7% higher at $4,004.40, after hitting a high of $4,014.60.
Spot gold was up 0.6% to $3,985.82 per ounce as of 1:48 p.m. EDT (17:48 GMD), after hitting an all-time high of $3,990.85 earlier in the session.
‘The primary market for spot gold is the London over-the-counter (OTC) market, which serves as the global benchmark for pricing.
Bu hikaye Business World Philippines dergisinin October 09, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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