The market just went wild — Gold price record high has once again shaken global investors. On September 29, international spot gold shattered expectations, breaking above $3,800 per ounce for the first time and spiking to an intraday high of $3,839.52. Since the start of 2025, gold has soared more than 40%, climbing for six straight weeks and eyeing a third consecutive quarterly gain. Everyone’s now asking: What is the latest gold price in 2025? and Will this rally ever cool down?
Gold price record high powered by U.S. government shutdown drama
So, why did gold hit an all-time high? Analysts point to the looming U.S. government shutdown. Congress and President Trump failed to agree on a short-term spending bill, raising fears that federal funds could run dry. If a shutdown happens, the October 3 nonfarm payroll report may be delayed, leaving investors in the dark on the economy and the Fed’s next move. With safe-haven demand skyrocketing and the U.S. dollar tumbling, the international gold price today smashed through $3,800. It’s the perfect storm — political drama plus economic uncertainty equals gold on fire.
Gold price record high boosted by ETFs and central bank buying
Beyond the shutdown chaos, markets are buzzing about potential Fed rate cuts. Some experts say the gold price hits record high because investors are pricing in a “Fed risk premium.” Meanwhile, Gold ETF holdings just hit their highest since 2022, and central banks keep stacking gold, further pushing momentum. The entire precious metals market is lit: silver is up 60% this year, while platinum and palladium both surged nearly 70%. Supply shortages are adding fuel, with warnings that freely available inventories in London could shrink even more.
Investors and gurus join the hype
Investor excitement is spilling over on social media too. Robert Kiyosaki, author of Rich Dad Poor Dad, is shouting from the rooftops — bullish on gold, silver, and Bitcoin. He even claimed that if he had $100, he’d immediately swap it for silver. His bold prediction? Silver could rocket from $100 to $500 within a year. No wonder people are asking: Will gold prices rise if the U.S. government shuts down? and gold price 2025 forecast — is this just the beginning? So far this year, gold has exploded more than 45%, cementing its place as the world’s go-to safe-haven asset. Major banks like Goldman Sachs and Deutsche Bank agree: with shutdown risks, a weaker dollar, and intense demand, gold price break record moments may keep coming.
Just a golden spark — or the dawn of a supercycle?
As Gold price record high keeps smashing past barriers, one thing’s clear: global investors can’t get enough. But is this just a short-lived hype storm, or the start of a long-term cycle of gold price all time high after high? Either way, the golden spotlight isn’t fading anytime soon.
