Story perspectives
Gold Nears $4,000 as Inflation Fears Rise
10/7/2025
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Story summary
- On October 7, 2023, gold prices rise toward $4,000 per ounce amid inflation fears and weaker U.S. dollar.
- The FTSE 100 index shifts, while UK house prices show the weakest growth in 17 months.
- Analysts warn of further housing declines if rates stay high, with a 5% correction; 42% of listings cut.
- New-home sales show recovery as builders offer incentives.
