{"id":1299458,"date":"2025-09-30T12:07:33","date_gmt":"2025-09-30T09:07:33","guid":{"rendered":"https:\/\/prm.ua\/gold-price-rises-to-record-high-amid-uncertainty-in-us-congress\/"},"modified":"2025-09-30T12:07:33","modified_gmt":"2025-09-30T09:07:33","slug":"gold-price-rises-to-record-high-amid-uncertainty-in-us-congress","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/gold-price-rises-to-record-high-amid-uncertainty-in-us-congress\/","title":{"rendered":"Gold price rises to record high amid uncertainty in US Congress"},"content":{"rendered":"

Global gold prices continue to rise, with the precious metal hitting a new record high of $3,860 per ounce on Friday as investors worry about a potential US government shutdown, adding to uncertainty in financial markets.<\/strong><\/p>\n

This is reported by<\/a> Bloomberg.<\/p>\n

As of September 29, gold had risen 0.9% to $3,867.25 per ounce (about 31 grams). Thus, the cost of 1 gram of gold reached $124.75.<\/p>\n

Talks between US President Donald Trump and congressional leaders ended without an agreement on temporary funding for the federal government, raising concerns about a possible government shutdown that could affect the release of important economic data that investors and regulators rely on to make decisions.<\/p>\n

Since the beginning of the year, gold has already risen by 47% – this is the highest annual growth rate since 1979. Goldman Sachs and Deutsche Bank predict that the trend will continue, and the price of gold may increase further – against the backdrop of global instability.<\/p>\n

At the same time, demand for US government bonds has increased, leading to a decline in their yields. At the same time, the US dollar has weakened, which traditionally supports gold, as it makes it more accessible to investors using other currencies.<\/p>\n

Silver and platinum have stabilized somewhat after recently rising to multi-year highs. Since the beginning of the year, prices for these metals have increased by 63% and 76%, respectively, due to a prolonged supply shortage in the global market.<\/p>\n

By the way, due to tensions in relations with the US and Trump’s unpredictability, Germany and Italy are planning to move their gold reserves from the US to Europe.<\/a><\/p>\n

Also follow \u201cPryamim\u201d<\/strong> on Facebook<\/a> , Twitter<\/a> , Telegram<\/a> , and Instagram.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Global gold prices continue to rise, with the precious metal hitting a new record high of $3,860 per ounce on Friday as investors worry about a potential US government shutdown, adding to uncertainty in financial markets. This is reported by Bloomberg. As of September 29, gold had risen 0.9% to $3,867.25 per ounce (about 31 […]<\/p>\n","protected":false},"author":59,"featured_media":1207659,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76871,76872,76892],"class_list":["post-1299458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-2","category-news-feed","category-economy"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1299458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1299458"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1299458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1207659"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1299458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1299458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}