The precious metal is on course for its best year since the 1970s, underscoring unease in financial markets.

The precious metal is on course for its best year since the 1970s, underscoring unease in financial markets.

Gold futures have gained more than 50% this year as the dollar has weakened and President Donald Trump threatens Federal Reserve independence.

The asset had seen wider gains in 2025, particularly with President Trump ’s barrage of tariffs plunging much of the world into economic uncertainty.

The price of gold rose to $4,000 for the first time ever Tuesday, as investors seek more stability. The metal is up 50% this year as the dollar has dropped.

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Analysts point to delays in the reporting of economic data due to the US government shutdown as one reason for the rise.

Precious metal having biggest rally since 1970s amid political uncertainty in US, France and Japan