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Gold prices soar to new records amid US government shutdown
['Associated Press']
Sterling Journal-Advocate
By WYATTE GRANTHAM-PHILIPSNEW YORK (AP) — As uncertainty deepens amid the U.S. government’s first shutdown in almost seven years, the gold frenzy continues to climb to new heights.
How much have gold prices climbed this year?
Gold futures are up more than 45% since the start of 2025, trading at just under $3,895 by around 4 p.m.
Other precious metals have also raked in gains — with silver seeing an even bigger percentage jump year to date.
Gold prices fell for several days following Trump’s sweeping “Liberation Day” announcement on April 2, for example.