One-kilogram gold bars in Tokyo, Japan.
One-kilogram gold bars in Tokyo, Japan.Photographer: Kiyoshi Ota/Bloomberg

Miningweb: Gold smashes $4,000 for first time amid US shutdown

Gold hits record $4,000 as investors flock to safe-haven assets
Published on

Key topics:

  • Gold surges past $4,000 amid US fiscal and Fed independence fears

  • Central banks and ETFs drive record demand for safe-haven bullion

  • Analysts see gold heading toward $4,900 as trust in dollar erodes

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By Jack Ryan, Yvonne Yue Li and Sybilla Gross

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