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Gold Price Breaks $4,000 as US Shutdown, Rate Cuts Fuel Historic Rally

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October 8, 2025

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Spot gold smashed through $4,000 an ounce for the first time, as concerns over the US economy and a government shutdown added fresh momentum to a scorching rally. It’s a milestone for bullion, which traded below $2,000 just two years ago, with returns that now outstrip those for equities this century. Bloomberg's Valerie Tytel reports.

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Gold Price Breaks $4,000 as US Shutdown, Rate Cuts Fuel Historic Rally · Bloomberg Television · Sentinel