Gold tops $4,100/oz on U.S.-China trade tensions, Fed rate cut bets
ReutersOct 13, 2025 2:52 PM
Oct 13 (Reuters) - Gold surged past $4,100 an ounce for the first time on Monday, buoyed by safe-haven buying as U.S.-China trade tensions resurfaced and expectations of a Federal Reserve rate cut later this month further lifted demand.
Spot gold XAU= was up 2.1% at $4,099.59 per ounce by 1447 GMT. U.S. gold futures GCv1 for December delivery gained 3% to $4,119.90 per ounce.
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