Gold hits record high as US shutdown and global uncertainty drive demand

Azernews.Az

7 October 2025 21:22 (UTC+04:00)

Akbar Novruz

The surge in gold prices comes amid the first shutdown of the US government in nearly seven years, caused by Congress’s failure to approve the new fiscal year budget. The shutdown has intensified investor concerns about economic stability and fiscal management in the United States.

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