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There is good reason to be worried as gold smashes past $4,000 per ounce
Sky News·2025-10-08 15:31

An extraordinary milestone was achieved overnight for the price of gold.The spot gold price topped 4,000anounceforthefirsttimeonrecordandfuturesdatasuggestsnoletupinitsupwardsmomentumfortherestof2025.Itwastradingat4,000 an ounce for the first time on record - and futures data suggests no let up in its upwards momentum for the rest of 2025. It was trading at 4,035 early on Wednesday morning.Money latest: 'I want to create the Nike of lingerie'It has risen steadily since Trump 2.0 began in January, when it stood at a level around $2,600. Sky News was quick to report on the early reasons for a spike in the price when hea ...