Gold Price Surges to 00 Per Ounce

Gold Price Surges to $3800 Per Ounce

September 29, 2025 Victoria Sterling -Business Editor Business

Here’s a breakdown of the facts from the provided text:

Key Market Movements (September 2, 2025):

* Gold: Reached a new historic peak (image accompanies this statement).
* Spot Silver: Increased by 2.1% to $46.94 per ounce – a 14-year high.
* Platinum: Rose by 2.5% to $1606.77 – a 12-year high.
* Palladium: Increased by 0.7% to $1279.15.

Analyst Commentary (Ross Norman):

* Silver and platinum price increases are driven by:
* Increased industrial activity due to lower interest rates.
* Countries building up resources to secure supply chains in an uncertain environment.

Additional Information:

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