Market
Gold Hits Historic High of $4,070 per Ounce Amid Global Uncertainty

Monday, October 13, 2025 – Gold prices surged to a record high of $4,070 per ounce, driven by heightened investor demand for safe-haven assets amid global economic uncertainty.
Market analysts say the spike is fueled by escalating trade tensions, fears of economic slowdown, and volatility in stock and currency markets. Investors are increasingly turning to gold as a reliable store of value, seeking protection against market instability.
This historic surge highlights gold’s role as a key hedge in turbulent times, with global markets keeping a close eye on how the precious metal will perform in the coming weeks.
Source: Thepressradio.com