Financial markets saw a significant milestone as gold reached a new all-time high at 02:32 (Lisbon time), according to data compiled. The previous record high had been set just the day before at $3,970.08.
This surge occurred amid a partial shutdown of the U.S. federal government. Meanwhile, in France, President Emmanuel Macron has tasked interim Prime Minister Sébastien Lecornu with formulating a “platform of action” by Wednesday to navigate the nation out of its current political deadlock.
Gold has appreciated by 49% this year, driven by massive purchases from central banks, a weak dollar, and the prevailing geopolitical climate.
