09 Oct 2025 | 5 Mins Read
Gold price soars above $4,000 per ounce
Flipitmoney
Gold surged to $4,059.05 an ounce, reaching an all-time high, driven by investor concerns over conflicts and uncertainties in the Middle East, Russia-Ukraine, US, Japan, and France. It's on course for its best year since the 1979 Iranian Revolution. Bullion's 53% gain this year, alongside increased central bank purchases and ETF inflows, solidifies gold's status as a safe asset.