Gold Shatters Record as U.S. Shutdown Sparks Metals Frenzy; Silver at 14-Year High
Market Narrative: In early October 2025, precious metals extended the strong rally seen in September. Reuters notes gold rose again to $3,895.09/oz on Oct 1 (after hitting that intraday peak) Reuters, before stabilizing around $3,860–3,890 on Oct 2 Reuters. Silver similarly hit multi-year highs (~$47.4/oz on Oct 1) Reuters. Platinum and palladium saw smaller moves; platinum traded near $1,550 and…