The post Gold Hits Unprecedented $4000 Mark Amid Global Uncertainties appeared on BitcoinEthereumNews.com. Key Points: Gold price hits historic $4000/oz amid fiscal uncertainty. Fears of US monetary policy shift accentuate market focus. Central bank buying underpinning the precious metal’s surge. On October 7, 2025, New York gold futures surpassed $4000 per ounce, an unprecedented achievement driven by geopolitical risks and central bank purchases. This milestone underscores gold’s role as a safe haven amidst economic uncertainty, affecting market perceptions but leaving cryptocurrencies like Bitcoin and Ethereum largely stable. Gold Futures Reach Historic $4000 Amid Economic Concerns On October 7, 2025, New York gold futures exceeded $4000 per ounce, an unprecedented level. Spot gold also reached new highs at $3976.94 per ounce. Geopolitical tensions and US fiscal uncertainties are main contributors to these record-breaking prices. The surge in gold prices, seen for the first time, represents evolving market dynamics, reflecting investor preference for safe-haven assets. Heightened US economic concerns, coupled with central bank intervention, underscore the metal’s historic rise. Reactions from market analysts indicate a cautious outlook. HSBC strategists predict continued rises due to evolving uncertainties. Will Rhind, CEO of GraniteShares, emphasized the appeal of gold as a dollar alternative, highlighting its protective asset nature amid economic turbulence. “I think the main thing that’s driving gold … is this alternative to the dollar.” Central Bank Purchases Propel Record Gold Price Levels Did you know? In 2020, gold peaked at $2070/oz, propelled by the pandemic and Federal Reserve actions. Today’s surge significantly surpasses that peak due to heightened central bank buying and fiscal concerns. Ethereum is currently valued at $4,679.52, with a market cap of $564.83 billion, reflecting a 4.15% increase over the past 24 hours according to CoinMarketCap. Ethereum maintains a market dominance of 13.20%, continually buoyed by high trading volumes and investor interest. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 00:55 UTC on October… The post Gold Hits Unprecedented $4000 Mark Amid Global Uncertainties appeared on BitcoinEthereumNews.com. Key Points: Gold price hits historic $4000/oz amid fiscal uncertainty. Fears of US monetary policy shift accentuate market focus. Central bank buying underpinning the precious metal’s surge. On October 7, 2025, New York gold futures surpassed $4000 per ounce, an unprecedented achievement driven by geopolitical risks and central bank purchases. This milestone underscores gold’s role as a safe haven amidst economic uncertainty, affecting market perceptions but leaving cryptocurrencies like Bitcoin and Ethereum largely stable. Gold Futures Reach Historic $4000 Amid Economic Concerns On October 7, 2025, New York gold futures exceeded $4000 per ounce, an unprecedented level. Spot gold also reached new highs at $3976.94 per ounce. Geopolitical tensions and US fiscal uncertainties are main contributors to these record-breaking prices. The surge in gold prices, seen for the first time, represents evolving market dynamics, reflecting investor preference for safe-haven assets. Heightened US economic concerns, coupled with central bank intervention, underscore the metal’s historic rise. Reactions from market analysts indicate a cautious outlook. HSBC strategists predict continued rises due to evolving uncertainties. Will Rhind, CEO of GraniteShares, emphasized the appeal of gold as a dollar alternative, highlighting its protective asset nature amid economic turbulence. “I think the main thing that’s driving gold … is this alternative to the dollar.” Central Bank Purchases Propel Record Gold Price Levels Did you know? In 2020, gold peaked at $2070/oz, propelled by the pandemic and Federal Reserve actions. Today’s surge significantly surpasses that peak due to heightened central bank buying and fiscal concerns. Ethereum is currently valued at $4,679.52, with a market cap of $564.83 billion, reflecting a 4.15% increase over the past 24 hours according to CoinMarketCap. Ethereum maintains a market dominance of 13.20%, continually buoyed by high trading volumes and investor interest. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 00:55 UTC on October…