Gold futures have soared above US$4,000 per troy ounce for the first time, as many investors seek a “safe haven” to park their money as the US government shutdown continues.
Gold futures in New York jumped above the US$4,000 mark on Tuesday morning, marking a record high. The going price for New York spot gold had previously closed at US$3,960.60 per troy ounce – the standard for measuring precious metals – on Monday.
Gold sales can rise sharply when anxious investors seek secure investments for…
