Gold scales yet another peak on shutdown worries, rate cut bets

NAMPA / DPA
2025-10-06
Washington (dpa-AFX) - Gold surged over 1% to a new record high past $3,900 an ounce on Monday as US shutdown worries added to the momentum from expectations of more Fed rate cuts. Spot gold jumped 1.5% to $3,943.01 per industry-standard ounce in European trade while US gold futures were up 1.5% at $3,966.37. Uncertainty caused by the US government shutdown buoyed safe-haven demand for the precious metal. The government shutdown entered its seco......
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WINDHOEK, 05 October 2025  – Elite female cyclist Anri Greef (left) and Junior cyclist Roger Suren pose for a photo along the A1 highway after winning their diferent categories during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km.  (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 05 October 2025 – Elite female cyclist Anri Greef (left) and Junior cyclist Roger Suren pose for a photo along the A1 highway after winning their diferent categories during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 05 October 2025  – Elite female cyclist Anri Greef (left) and Junior cyclist Roger Suren pose for a photo along the A1 highway after winning their diferent categories during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km.  (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 05 October 2025 – Elite female cyclist Anri Greef (left) and Junior cyclist Roger Suren pose for a photo along the A1 highway after winning their diferent categories during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 05 October 2025  – Elite female cyclist Anri Greef (left) and Junior cyclist Roger Suren pose for a photo along the A1 highway after winning their diferent categories during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km.  (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 05 October 2025 – Elite female cyclist Anri Greef (left) and Junior cyclist Roger Suren pose for a photo along the A1 highway after winning their diferent categories during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 05 October 2025  – Elite female cyclist Anri Greef while crossing the line in the A1 highway during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. Greef was crowned winner of the elite women's category. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 05 October 2025 – Elite female cyclist Anri Greef while crossing the line in the A1 highway during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. Greef was crowned winner of the elite women's category. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 05 October 2025  – Elite female cyclist Anri Greef while crossing the line in the A1 highway during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. Greef was crowned winner of the elite women's category. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 05 October 2025 – Elite female cyclist Anri Greef while crossing the line in the A1 highway during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. Greef was crowned winner of the elite women's category. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 05 October 2025  – Junior cyclist Roger Suren while crossing the line in the A1 highway during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. Suren was crowned winner of the elite men's category. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 05 October 2025 – Junior cyclist Roger Suren while crossing the line in the A1 highway during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. Suren was crowned winner of the elite men's category. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 05 October 2025  – Junior cyclist Roger Suren while crossing the line in the A1 highway during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. Suren was crowned winner of the elite men's category. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 05 October 2025 – Junior cyclist Roger Suren while crossing the line in the A1 highway during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. Suren was crowned winner of the elite men's category. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 05 October 2025  – Junior cyclist Roger Suren while crossing the line in the A1 highway during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. Suren was crowned winner of the elite men's category. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 05 October 2025 – Junior cyclist Roger Suren while crossing the line in the A1 highway during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. Suren was crowned winner of the elite men's category. (Photo by: Hesron Kapanga) NAMPA

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