Gold climbs above key $3,900 level for first time on safe-haven demand

World News
06-10-2025 | 05:19
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
print
Gold climbs above key $3,900 level for first time on safe-haven demand
Whatsapp
facebook
Twitter
Messenger
telegram
print
0min
Gold climbs above key $3,900 level for first time on safe-haven demand

Gold prices touched an all-time high on Monday, soaring above $3,900-per-ounce level, as investors flocked to safe-haven bullion amid the U.S. government shutdown, broader economic uncertainty, and prospects of further Federal Reserve rate cuts.

Spot gold was up 1.2% at $3,932.40 per ounce, as of 0730 GMT, after hitting $3,944 earlier in the session.

U.S. gold futures for December delivery climbed 1.2% to $3,956.50.


Reuters
 

World News

Gold

Demand

Increase

Rise

LBCI Next
France's Le Pen says snap legislative elections 'absolutely necessary'
Outgoing French PM says 'conditions were not fulfilled' to stay in office
LBCI Previous
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More