Gold surged to a record $4,000 per ounce on Tuesday, fueled by investor demand amid mounting geopolitical tensions, economic uncertainty, and expectations of Federal Reserve rate cuts.
Prices have climbed 51% this year, supported by central bank purchases, a weaker dollar, and retail investors seeking inflation protection.
Analysts say gold’s momentum reflects fading confidence in the U.S. dollar and growing demand for safe-haven assets.
BREAKING: Gold officially crosses above $4,000/oz for the first time in history.
— The Kobeissi Letter (@KobeissiLetter) October 7, 2025
Gold is now worth ~$27 TRILLION. pic.twitter.com/oeEHOIzMCn
Billionaire investor Ken Griffin called the shift “really concerning,” warning that global investors are trying to de-dollarize their portfolios.
Markets expect the Fed to cut rates by a quarter point at its October and December meetings. Meanwhile, China’s central bank added gold to its reserves for the 11th consecutive month. Goldman Sachs raised its 2026 price forecast to $4,900 per ounce.
Also read:



