Gold Smashes Past $4,000 as Safe-Haven Demand Fuels Record ETF Inflows
U.S. gold futures surged above $4,000 per ounce for the first time, with spot prices near $3,960. Gold has gained nearly 50% in 2025, driven by a weak dollar, geopolitical crises, and a U.S. government shutdown. Global gold ETFs saw record inflows of $26 billion in Q3, while central banks and investors ramped up purchases. Silver, platinum, and palladium also posted sharp gains.