Gold Price Nears $4,000. Why It’s Soaring—and How It Can Keep Going.
1. Gold prices rose 1.5% to $3,945 due to political instability. 2. France’s government collapse led to a CAC-40 drop and rising bond yields. 3. Japan’s Nikkei 225 surged nearly 5%, boosted by new pro-growth policies. 4. U.S. federal shutdown furloughed 750,000 workers, impacting economic data. 5. Gold demand is increasing as markets seek safe-haven assets amidst turmoil.