October 7, 2025
Article from Yahoo Finance by Ines Ferré
Article Synopsis
Gold futures surged above $4,000 per ounce, hitting record highs as investors flocked to safe-haven assets amid a weakening dollar and expectations of more Fed rate cuts. The World Gold Council reported record quarterly inflows into gold ETFs, up 23% to $26 billion, alongside a sharp rise in trading activity. Analysts at Goldman Sachs and JPMorgan remain bullish, with forecasts suggesting gold could reach $5,000 per ounce if capital continues shifting away from U.S. Treasuries amid concerns over Fed independence and debt stability.
