Gold prices in the international market have surged to a historic high of $4,000 per ounce, driven by growing investor demand amid economic uncertainty, a weakening US dollar, and concerns over a potential US government shutdown.

For the first time, gold futures for December delivery were traded at $4,016 per ounce, signalling strong investor confidence in the precious metal as a safe-haven asset. This marks a 52% increase in gold prices so far in 2025, following a 27% rise in 2024, according to economic analysts.

Experts say that in the face of a fragile global economy, declining interest rate projections, and geopolitical instability, investors are increasingly turning to gold as a reliable store of value. The sustained demand has pushed prices upward, reflecting a global shift towards safer investment options.

“The ongoing uncertainty in the financial markets, especially concerns related to the U.S. economic outlook, has made gold an attractive option for investors looking to hedge against risk,” noted one financial analyst.