Gold price exceeds $4,000 an ounce for the first time


Traders have flocked to gold throughout the year, causing a rise of more than 50%, amid expectations of, among other things, an interest rate cut in the United States, political turmoil in France, and global economic uncertainty.


US and European stock markets rose, while Asian markets fell.

Used in jewelry, industry, or as a reserve, the yellow metal has always represented a quintessential "safe haven" because it retains its intrinsic value.


The US government shutdown is increasing anxiety among investors, as key economic data, including those related to employment, have been postponed, complicating the situation for the Federal Reserve when it comes to deciding its interest rate plans.

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