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<blockquote data-quote="Maddog" data-source="post: 465894" data-attributes="member: 5355"><p><h3>Daily News Nuggets | September 8th, 2025 — Gold Soars Past $3,600, Up $1,000 This Year</h3><p>SHARE</p><p></p><p></p><p></p><p></p><p></p><p>Here’s what you need to know about today’s most important economic and precious metals news: </p><h4><strong>Gold Smashes Through $3,600 as Critical Fed Week Begins </strong></h4><p>Gold soared to an all-time high Monday, smashing through $3,600 as <a href="https://www.cnbc.com/2025/09/08/gold-hovers-near-record-high-on-us-rate-cut-prospects.html" target="_blank">investors bet on lower interest rates ahead</a>. Spot gold peaked at $3,636 per ounce, extending this year’s remarkable 38% rally. </p><p>What’s driving the surge? A perfect storm of factors: anticipation of Fed rate cuts, aggressive central bank buying, and persistent economic uncertainty. The milestone extends beyond U.S. markets — in Canada, <a href="https://goldseek.com/article/gold-breaks-past-5000oz-canada" target="_blank">gold topped CAD$5,000 per ounce</a>, a striking achievement considering the Bank of Canada holds zero gold reserves. </p><p>Looking ahead, UBS analyst Giovanni Staunovo predicts gold could hit $3,700 by mid-2026, suggesting this bull run has room to run. </p><h4></h4></blockquote><p></p>

[QUOTE="Maddog, post: 465894, member: 5355"] [HEADING=2]Daily News Nuggets | September 8th, 2025 — Gold Soars Past $3,600, Up $1,000 This Year[/HEADING] SHARE Here’s what you need to know about today’s most important economic and precious metals news: [HEADING=3][B]Gold Smashes Through $3,600 as Critical Fed Week Begins [/B][/HEADING] Gold soared to an all-time high Monday, smashing through $3,600 as [URL='https://www.cnbc.com/2025/09/08/gold-hovers-near-record-high-on-us-rate-cut-prospects.html']investors bet on lower interest rates ahead[/URL]. Spot gold peaked at $3,636 per ounce, extending this year’s remarkable 38% rally. What’s driving the surge? A perfect storm of factors: anticipation of Fed rate cuts, aggressive central bank buying, and persistent economic uncertainty. The milestone extends beyond U.S. markets — in Canada, [URL='https://goldseek.com/article/gold-breaks-past-5000oz-canada']gold topped CAD$5,000 per ounce[/URL], a striking achievement considering the Bank of Canada holds zero gold reserves. Looking ahead, UBS analyst Giovanni Staunovo predicts gold could hit $3,700 by mid-2026, suggesting this bull run has room to run. [HEADING=3][/HEADING] [/QUOTE]

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