Investors have started buying gold as a safe investment
Published 3 hours ago on Oct 8th 2025, 11:04 am
By Web Desk
For the first time in history, the price of gold has exceeded $4,000 per ounce globally.
The increase in the price of gold has been due to global economic and geopolitical uncertainty.
According to the news agency, investors have started buying gold as a safe investment.
Expectations of a reduction in interest rates by the US Federal Reserve are also being cited as the reason for the increase in the price of gold.
According to the news agency, the price of gold has increased by 52 percent globally so far in 2025, while the price of gold had increased by 27 percent globally in 2024.
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