Khaberni - Gold price exceeded $3900 per ounce (ounce) for the first time on Monday, driven by demand for safe haven amid a halt in US government activities alongside increased expectations for further interest rate cuts by the Federal Reserve (the US central bank).
As of 00:27 GMT, gold in spot transactions rose 0.4% to $3900.40 an ounce, after recording its highest level ever at $3919.59 earlier in the session.
US gold futures for December delivery rose 0.5 percent to $3926.80.
