Gold price breaks $4,000 an ounce for first time

World News
07-10-2025 | 23:13
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
print
Gold price breaks $4,000 an ounce for first time
Whatsapp
facebook
Twitter
Messenger
telegram
print
0min
Gold price breaks $4,000 an ounce for first time

The price of gold broke above $4,000 for the first time on Wednesday as investors rushed into the safe haven amid concerns about a range of issues including the U.S. government shutdown, while expectations for U.S. interest rate cuts added to its allure.

The precious metal struck $4,000.01 an ounce in early Asian trade -- having risen more than 50 percent since the start of the year –- with traders also eyeing French political turmoil and uncertainty over the global economic outlook.

AFP

World News

Gold

Prices

US

Government

LBCI Next
Britain not seeking visa deal with India, Starmer says
Zelensky says Russia using tankers for reconnaissance, sabotage
LBCI Previous

Related Articles

d-none hideMe
LBCI
World News
2025-10-06

Gold climbs above key $3,900 level for first time on safe-haven demand

LBCI
World News
2025-10-22

Louvre reopens for the first time after jewel heist

LBCI
News Bulletin Reports
2025-09-18

From dollars to gold: What US interest rate cuts mean for Lebanon

LBCI
Middle East News
2025-10-06

First results for Syria's new parliament show low share for minorities, women

Recommended For You
d-none hideMe
LBCI
Middle East News
02:25

President Trump says considering Saudi Arabia’s request to purchase US fighter jets

LBCI
World News
02:21

Trump: We will conduct nuclear weapons tests like other countries

LBCI
World News
02:18

Trump says will take legal action against BBC in coming days

LBCI
World News
11:13

US says monitoring 'incident' involving oil tanker near Iran

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
Israel-Gaza War Updates
2025-10-05

Pope hopes Gaza plan achieves 'desired results' soon

LBCI
Middle East News
12:06

Iran president hails Iraqi PM election win

LBCI
Lebanon News
2025-11-05

PM Salam: Reconstruction is a government priority, projects ready to launch once funding is secured

LBCI
Israel-Gaza War Updates
2025-09-16

UN rights chief says 'evidence mounting' of 'genocide' in Gaza

Videos
d-none hideMe
LBCI
Lebanon News
2025-10-04

Meet Miss Lebanon 2025 contestants: Video

LBCI
Lebanon News
2025-10-02

Series of Israeli airstrikes spark massive fire in southern Lebanon

LBCI
Lebanon News
2025-09-07

Lunar eclipse captivates Lebanon: watch the stunning video

Most read
d-none hideMe
24 hours
7 days
Month
LBCI
Lebanon News
07:58

Israeli army accuses Hezbollah Unit 121 of assassinating Christian politician Elias Hasrouni

LBCI
News Bulletin Reports
12:51

From Bsous to Washington's front line: Who is Michel Issa, the new US Ambassador to Lebanon?

LBCI
Lebanon News
04:56

Central Bank of Lebanon launches precautionary measures to remove Lebanon from FATF “grey list,” tightens oversight of non-banking financial institutions

LBCI
News Bulletin Reports
13:00

Northern front on alert: Israel adjusts strategy along Lebanon border

LBCI
Lebanon News
09:19

Israel army denies building wall inside Lebanon

LBCI
News Bulletin Reports
13:05

Expert assessment: Lebanon's iconic Jeita Grotto cleared for reentry, new restrictions ahead

LBCI
News Bulletin Reports
12:50

Lebanon-Syria border talks stall as France attempts diplomatic breakthrough—the details

LBCI
Lebanon News
08:43

UN peacekeepers say Israel built walls inside Lebanon

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More