30 Sep 2025
Gold rallies to record highs above $3,800 as US shutdown fears grow
Gold rallies to fresh record highs above $3,800 as bullish momentum extends.
A weaker USD and softer Treasury yields keep downside cushioned, while geopolitical tensions and US government shutdown risk add to safe-haven flows.
Light US calendar on Monday with Pending Home Sales and remarks from St. Louis Fed’s Musalem and NY Fed’s Williams.
Gold (XAU/USD) shines bright at the start of the new week, climbing past $3,800 for the first time. The yellow metal continues its historic run, printing yet another all-time high near $3,833 on Monday.
At the time of writing, XAU/USD is trading near $3,831, up around 1.85% on the day, extending its record-breaking rally into a seventh straight week.