Gold takes a breather after safe-haven demand fuels record run

Government

Gold took a breather from a record run on Thursday, as investors booked profits a day after bullion breached the key $4,000-per-ounce level for the first time ever on economic and geopolitical uncertainties and hopes of further U.S. rate cuts this year. Spot gold fell 0.4 per cent to $4,020.99 per ounce as of 0302 GMT, after hitting a record high of $4,059.05 on Wednesday. U.S. gold futures for December delivery fell 0.7 per cent to $4,040.70. On Wednesday, Israel and Hamas agreed to the first

Gold takes a breather after safe-haven demand fuels record run https://www.channelnewsasia.com/ - 09.10.2025 07:55

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Gold takes a breather after safe-haven demand fuels record run https://www.channelnewsasia.com/ - 09.10.2025 07:55