---
title: "Gold Tops $4,000 for the First Time Amid Global Political Turmoil"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-10-08T09:18:21+00:00"
modified: "2025-10-08T09:25:24+00:00"
date: 2025-10-08
canonical: "https://www.share-talk.com/gold-tops-4000-for-the-first-time-amid-global-political-turmoil/"
category: "Blogs"
categories: ["Blogs", "Mining"]
tags: ["COMEX", "EU", "futures", "Gold", "Gold Bars", "Laos", "Market", "Morgan Stanley", "MYANMAR", "silver", "Swiss", "Switzerland", "Syria", "UK", "United States", "US dollar"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/GOLD-SILVER-OCT-scaled.webp?fit=1200%2C801&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# Gold Tops $4,000 for the First Time Amid Global Political Turmoil

**Published:** October 8, 2025
**Author:** sharetalk
**Categories:** Blogs, Mining
**Tags:** COMEX, EU, futures, Gold, Gold Bars, Laos, Market, Morgan Stanley, MYANMAR, silver, Swiss, Switzerland, Syria, UK, United States, US dollar
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/GOLD-SILVER-OCT-scaled.webp?fit=1200%2C801&quality=80&ssl=1)

---

The price of [gold](https://www.share-talk.com/gold-is-closing-in-on-the-4000-per-ounce-mark-hitting-fresh-record-highs/) has surged past **$4,000 an ounce** for the first time, extending a powerful rally driven by political uncertainty in **Japan, France, and the United States**, where the **federal government shutdown** continues to weigh on markets.

**Spot gold** rose **1.15% to $4,029.46 per ounce**, setting another **record high**, and is now up **50% so far this year**, following gains of **27% in 2024** and **13% in 2023**.

The precious metal’s advance underscores its status as a **safe-haven asset** in times of instability and a **hedge against inflation**, as investors seek protection from mounting global risks.

Gold prices have surged as investors increasingly expect the **US Federal Reserve** to continue cutting interest rates this month.

The Fed reduced borrowing costs for the first time this year in **September**, and money markets now indicate an **82% chance** of two additional cuts at its final meetings of **2025**. The **United States**, the world’s largest holder of gold, now possesses **8,133 tonnes** of reserves valued at **$1.04 trillion (£776bn)** — marking the **first time any nation’s holdings have exceeded the $1 trillion threshold**.

### **Silver Nears Record High as Precious Metals Rally Continues**

Silver is closing in on its all-time high amid surging demand for precious metals.

**Spot silver** rose to **$48.79 per ounce**, approaching the **2011 peak of $49.79**, its highest level since **1980**.

**David Adams**, analyst at **Morgan Stanley**, said the recent weakness in the **US dollar** has made commodities more affordable for foreign buyers. He added that precious metals are gaining appeal as “**rising inflation can support demand for real assets**.”

### **Mining Shares Lift FTSE 100 as Gold Rally Powers Past $4,000**

Mining stocks led gains on the **FTSE 100** on Wednesday, buoyed by gold’s historic surge above **$4,000 an ounce** for the first time.

**Antofagasta**, the Chilean copper and gold miner, overtook **Lloyds Banking Group** as the top performer on the index, with shares rising **2.7%**.

**Endeavour Mining**, one of the world’s largest gold producers and the biggest in West Africa, also climbed nearly **2.7%**, while **Fresnillo**, the Mexican precious metals miner and the world’s leading silver producer, gained **1.4%**.

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