US EditionGold rally lifts U.S. reserves to record $1 trillion valuation
Gold prices surged over 45% this year, driven by expected Federal Reserve rate cuts, a weaker dollar, and growing safe-haven demand amid US government shutdown risks.
- Gold prices surged above $3,800 per ounce on Monday, with spot gold rising 1.1% to $3,801.88 amid rising demand and a weaker dollar.
- The rally stemmed from expectations of a 90% chance of a Federal Reserve rate cut in October and concerns over a potential U.S. government shutdown starting Wednesday.
- On Friday, the SPDR Gold Trust, the largest gold-backed ETF globally, increased its gold holdings by 0.89%, reaching a total of 1,005.72 metric tonnes, amid robust investor demand and alongside central banks boosting their gold reserves.
- Senior strategist Michael Brown stated the gold rally is broadening, driven by unanchored inflation risks, government spending in developing markets, and high physical demand from reserve allocators.
- This sustained momentum suggests bullion could maintain record levels and continue advancing as safe-haven demand grows amid economic uncertainty and expected Fed rate cuts.
32 Articles
32 Articles
Gold price climbs to record - Top reasons for the surge
Gold prices have soared to a new record high this September, crossing $3,800 an ounce for the first time ever. The yellow metal has surged more than 20% in 2025 alone, cementing its role as the top-performing major asset class. Traders and analysts say the rally shows no sign of slowing as global uncertainty deepens.
Stocks Extend September Rally as Gold Tops $3,800: Markets Wrap
(Bloomberg) -- Stocks rose at the start of a week that will be dominated by a series of labor market reports, with traders betting the data will reinforce expectations for US interest rate cuts. Gold set a fresh record.
Markets Rally as Shutdown Looms: Gold Surges, Dollar Eases, and Investors Brace for Turbulence
Global markets opened the week on a cautiously positive note, with equities climbing and the U.S. dollar dipping, even as the spectre of a government shutdown in Washington loomed large. The MSCI All-World Index gained 0.16% and Europe’s STOXX 600 rose 0.3%, putting it on course for a third straight month of gains. In the […] The post Markets Rally as Shutdown Looms: Gold Surges, Dollar Eases, and Investors Brace for Turbulence appeared first on…
Gold never stops rising and setting records.The price today reached a record high by trading at US$3,823 per troy ounce, with a daily rise of 1.6%.The advance of precious metal responds to a combination of factors ranging from monetary policy expectations in the United States to global geopolitical uncertainty.According to Reuters, one of the main engines of this surge are the bets that the Federal Reserve (Fed) will reduce its interest rates in…
Coverage Details
Bias Distribution
- 42% of the sources are Center, 42% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
