As investors flocked to the safe haven on Wednesday due to a variety of worries, including the US government shutdown, and anticipations of US interest rate reduction, the price of gold broke above $4,000 for the first time.
Early Asian trading saw the precious metal hit $4,000.01 an ounce, up more than 50% since the year began. Traders were also keeping a watch on the political unrest in France and the unpredictability of the world economy.
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