Hold onto your bullionβgold has smashed through $4,000 per ounce, hitting $4,041.71 on October 8, 2025, with futures screaming to $4,063.70! Surging 1.5% in a day and a blistering 54% this year, goldβs outpacing stocks, Bitcoin, and slumping oil as the dollar tanks. Why the frenzy? Fed rate cuts, a U.S. government shutdown grinding into day eight, and global chaosβMiddle East flare-ups, Ukraineβs fight, and political storms in France and Japanβare driving investors to goldβs safe embrace. Central banks are hoarding and FOMOβs fueling the fire. Silverβs up 69% to $48.92 while platinum and palladium soar too. Analysts shout: Goldβs charging toward $5,000 into 2026!
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Link to article:Β https://www.reuters.com/world/india/gold-vaults-over-4000-rush-safety-fed-easing-bets-2025-10-08/