---
title: "Gold Sets New Record After Leaping Above $3,600"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-09-08T14:05:31+00:00"
modified: "2025-09-08T14:05:31+00:00"
date: 2025-09-08
canonical: "https://www.share-talk.com/gold-sets-new-record-after-leaping-above-3600/"
category: "Mining"
categories: ["Mining"]
tags: ["COMEX", "EU", "futures", "Gold", "Gold Bars", "Laos", "Market", "MYANMAR", "Swiss", "Switzerland", "Syria", "UK", "United States"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/03/GOLD-14TH-MARCH-1.webp?fit=1200%2C800&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# Gold Sets New Record After Leaping Above $3,600

**Published:** September 8, 2025
**Author:** sharetalk
**Categories:** Mining
**Tags:** COMEX, EU, futures, Gold, Gold Bars, Laos, Market, MYANMAR, Swiss, Switzerland, Syria, UK, United States
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/03/GOLD-14TH-MARCH-1.webp?fit=1200%2C800&quality=80&ssl=1)

---

**Gold Surges Past $3,600 to Fresh Record High Amid Fed Cut Bets and Political Uncertainty**

**Gold prices** climbed to a **record high above $3,600 an ounce** on Monday, driven by **growing expectations of a US interest rate cut** and rising concerns over **central bank independence**.

**Spot gold** rose **0.8% to $3,613.87**, as investors sought safe-haven assets amid an uncertain economic and political backdrop. Lower interest rates typically **reduce returns on cash and bonds**, boosting demand for alternative assets such as gold.

The latest surge follows **downbeat US jobs data** released on Friday, which strengthened expectations that the **Federal Reserve may cut rates** when it meets next week.

Gold has already **soared over 35% this year**, fuelled by its role as a **hedge against inflation** and a go-to **safe haven during periods of volatility**. Some investors are growing increasingly concerned about the possibility of stagflation — a combination of high inflation and slowing economic **growth**.

Mark Haefele of **UBS** said gold should *“benefit from lower real rates and ongoing geopolitical risks”*, with the bank forecasting prices could **reach $3,700 per ounce by June 2026**.

Political tensions have also added to market jitters. Traders are closely watching **Donald Trump’s legal push to remove Federal Reserve governor Lisa Cook**, which is currently making its way through the courts.

The move comes amid a series of attacks by the US President on the central bank, including repeated public criticism of **Fed Chair Jerome Powell**, whom he has labelled a *“numbskull”* and **“too late” Powell**.

With both economic and political uncertainty on the rise, **gold’s record-breaking rally** shows no signs of slowing.

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