This morning, gold continued to set a new all-time high (ATH) at $4,150 per ounce, marking the highest level in history, with no signs of slowing down.
Although Donald Trump is calling for peace and an end to the war in the Gaza Strip, the market seems more focused and concerned about the ongoing U.S. government shutdown, as no agreement has yet been reached in the Senate.
As a result, the demand for gold as a safe-haven asset continues to rise, despite a positive shift of capital flows back into the stock and crypto markets.
Gold reaching the $4,150 mark indicates that the U.S. government shutdown could last a bit longer. It is also likely that gold will continue to hit new all-time highs this week, with the $4,190–$4,200 per ounce range as the next target.
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