The post Gold Reaches Record High Above $4,300 as US Credit Concerns Mount appeared on BitcoinEthereumNews.com.

TLDR Gold reached a new all-time high near $4,380 per ounce on Friday, marking its biggest weekly gain since March 2020 with an 8% increase US stock futures fell sharply with Dow down 0.8%, S&P 500 down 1.1%, and Nasdaq down 1.3% before Friday’s opening bell Two US regional banks disclosed loan problems allegedly linked to fraud, following JPMorgan CEO Jamie Dimon’s warning about credit quality issues Silver broke through its 1980 peak and surged over 85% this year, hitting $54.50 per ounce before pulling back slightly The 10-year Treasury yield dropped below 4% as investors moved money into safer assets like bonds and gold US stock markets faced heavy selling pressure on Friday as investors rushed to safe haven assets following new concerns about credit quality in the American banking system. Two regional lenders revealed problems with loans that may be connected to fraud. This news came after JPMorgan CEO Jamie Dimon made his “cockroach” warning about potential issues with US borrower creditworthiness. Gold Dec 25 (GC=F) Gold prices responded by climbing to record levels above $4,380 per ounce during Friday trading. The precious metal gained roughly 8% over the week, representing more than $300 in increases. This marks gold’s largest weekly gain since March 2020 when pandemic fears first gripped global markets. The flight to safety extended beyond gold as investors pulled money from stocks and moved into Treasury bonds. The 10-year Treasury yield fell below the 4% threshold as bond prices rose. Stock index futures showed steep declines with the Nasdaq 100 leading losses at 1.3% before the market opened. E-Mini S&P 500 Dec 25 (ES=F) Silver also participated in the precious metals rally, breaking through a price peak that was set in 1980. The white metal hit a fresh high near $54.50 per ounce on Friday…

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Filed under: News - @ October 17, 2025 12:29 pm