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Home > About > Golden Glow of the Full Moon: Upway Global Celebrates Historic $4,000 Gold Price and Mid-Autumn Festival Wishes

Golden Glow of the Full Moon: Upway Global Celebrates Historic $4,000 Gold Price and Mid-Autumn Festival Wishes

2025-10-09 13:40:18 | 浏览 27

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As the full moon lights the night, Upway Group extends heartfelt Mid-Autumn Festival wishes to you and your family. This season of reunion and abundance reminds us that just as the moon symbolises harmony, gold’s enduring value offers a steady path to financial security and growth. Embrace the spirit of completeness, safeguard your future with trusted gold trading, and celebrate joyful moments under the golden glow.

Record Gold Prices Reach New Heights


Gold prices surged to historic highs this week, reaching an all-time peak amid significant economic and political developments. On October 7,2025, gold future hit a new record high of $4,000 per ounce. The rally continued into October 9, with spot gold reaching an intraday high of $4,059 per ounce, marking a more than 50% increase since the start of 2025, the strongest annual performance since 1979.

Gold Price Surpasses Predictions as Forecasts Rise

Gold prices have already reached and surpassed the earlier prediction from J.P. Morgan. Building on this momentum, Goldman Sachs has recently raised its gold price forecast to $4,900 per ounce by the end of 2026, citing strong inflows into gold ETFs and sustained central bank purchases. Meanwhile, TD Securities projects gold could climb to $4,400 per ounce in the first half of 2026, highlighting continued bullish sentiment fueled by economic uncertainties and safe-haven demand. The projections demonstrate high confidence in gold’s upward momentum above historic levels.

U.S. Government Shutdown Sparks Market Uncertainty

The sharp rise in gold was driven primarily by the U.S. government shutdown, the first in almost seven years. The shutdown sparked uncertainty in financial markets, weakening the U.S. dollar and heightening demand for safe-haven assets like gold. With many federal operations suspended and critical economic data releases delayed, investors grew cautious, reinforcing gold’s appeal as a store of value.


Economic Data Fuels Golds Momentum

Adding to the bullish sentiment, weaker-than-expected U.S. labor reports further fueled expectations that the Federal Reserve will cut interest rates later this month. The latest ADP report revealed a drop of 32,000 private-sector jobs in September, signaling economic slowdown, which typically supports higher gold prices.


Upway Global: Trusted Partner Through Market Dynamics

Upway Global, a leader in global precious metals trading since 2010. Anchored in values of compliance, transparency, and investor protection, Upway Global has built a robust ecosystem of over 1.2 million active traders and processed more than 600 million orders, with a monthly trading volume surpassing USD 479 billion in 2025. As a main sponsor, Upway Global proudly supported this milestone, reflecting both our recognition by HKGX and our commitment to Hong Kongs long-term role as a global hub for precious metals. Highlighted Hong Kongone country, two systems advantage and its Belt and Road opportunities, reinforcing the citys position as a super-connector between East and West.