Business & Economy

Gold Price Hits New All-Time Record - Trading Data

© Sputnik / Ilya NaymushinGold bars of the highest standard of 99.99 percent purity
Gold bars of the highest standard of 99.99 percent purity  - Sputnik India, 1920, 08.10.2025
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The price of gold futures for delivery in December 2025 on the Comex exchange (a division of the New York Mercantile Exchange) has reached a new all-time high, rising above $4,050 per troy ounce, according to data from the trading platform.
As of 05:07 GMT, the price of the December gold futures on the New York Comex exchange increased by $45.87 or 1.15% to $4,050.27 per troy ounce. Earlier, it reached $4,051.55 per troy ounce, which marked a new all-time record.
A day earlier, the market price of gold had settled above $4,000 per troy ounce, also setting a new record. To a large extent, this market sentiment has been driven by the partial shutdown of US government agencies funded by Congress, due to the absence of an approved budget for the next financial year — the so-called government shutdown. However, such situations are not particularly uncommon.
Russian-made gold bars. File photo - Sputnik India, 1920, 14.05.2025
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