30 Sep 2025 | 3 Mins Read

Gold prices surge to new record above $3,800 on US shutdown fears

Flipitmoney

Gold briefly touched a record high of $3,839.52 an ounce as US government shutdown fears clouded the Federal Reserve's rate path, and US Treasuries gained. US gold stocks Newmont Corp. and Barrick Mining Corp. also announced leadership changes, with Goldman Sachs predicting the gold rally to extend.