By WYATTE GRANTHAM-PHILIPS, Associated Press Business Writer

NEW YORK (AP) — Gold futures rose above $4,000 per ounce for the first time on Tuesday as many investors seek a “safe haven” for to park their money as the U.S. government shutdown continues.

Gold futures in New York briefly jumped above the $4,000 mark just after 9 a.m. ET, a record high. The going price for New York spot gold had previously closed at $3,960.60 per troy ounce — the standard for measuring precious metals — Monday.

Gold sales can rise sharply when anxious investors seek secure investments for their money. Before Tuesday, the asset — and other metals, like silver — had seen wider gains over the last year, particularly with President Donald Trump ’s barrage of tariffs plunging much of the world into economic

See Full Page