Gold Price Nears $4,000, Macron's 48-Hour Deadline to Soften Crisis | The Opening Trade 10/7
October 7, 2025
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1:36:06Now PlayingGold Price Nears $4,000, Macron's 48-Hour Deadline to Soften Crisis | The Opening Trade 10/7
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as posted by the channelFrench President Emmanuel Macron gave his outgoing prime minister, Sebastien Lecornu, until Wednesday night to negotiate with France’s political parties in a last-ditch effort to prevent the country from falling deeper into crisis. Macron's options include appointing a new prime minister, calling a parliamentary election, or resigning, with opposition groups clamoring for fresh legislative elections. French-German bond spreads are widening.
A prolonged US government shutdown, upheaval in France and leadership change in Japan have all driven gold higher in the latest surge. Spot prices have risen about 50% this year, on track for the biggest annual gain since 1979.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
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