Gold price rallies to record highs amid government shutdown | NYGazet

Gold is nearing $3,870 as investors flock to safe-haven assets despite Wall Street optimism, Fed rate cut bets, and recession fears fading.

The stock market is still rallying to record highs, the Fed is widely expected to cut rates at its meeting later this month, and the general consensus is that recession risks have all but faded. But despite the sentiment that all is well in the econo... [4527 chars]