The price of gold has surged past $4,000 an ounce, driven by investor concerns over global economic and political instability. This marks the largest rally for gold since the 1970s, with prices rising approximately one-third since April, following US President Donald Trump's tariff announcements. The ongoing US government shutdown has delayed key economic data releases, further fueling gold's appeal as a safe haven investment. Spot gold reached over $4,036 an ounce, while gold futures also hit similar levels. Analysts note that the current rally is supported by a weakening US dollar and increased retail investment in gold-backed financial products, such as ETFs. However, experts caution that gold prices may decline if the shutdown resolves quickly or if inflation prompts the Federal Reserve to raise interest rates. Historical trends show that gold can fluctuate significantly based on economic conditions, making its future trajectory uncertain.