Gold prices soared past $3,800 an ounce on Monday, marking a record high. The surge was fueled by growing expectations of a U.S. Federal Reserve rate cut, which pressured the dollar. Added concerns over a potential U.S. government shutdown further strengthened safe-haven demand among global investors.
Gold Tops $3,800 as Fed Rate Cut Bets, U.S. Shutdown Fears Boost Demand
