Factoid - Thursday, October 9, 2025
Data from Bloomberg revealed that the spot price of gold bullion stood at a record $4,042.03 per troy ounce at market close on 10/8/25, representing an increase of 54.01% year-to-date. Surging demand from central banks and retail investors seeking a haven from persistent inflation and geopolitical tensions have been cited as catalysts for record high gold prices. For comparison, the spot price of gold stood at $2,621.83 per troy ounce on 10/8/24.
Posted on Thursday, October 9, 2025 @ 10:34 AM

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